Mobile Home Park for Sale on Bench Blvd

833 Bench Blvd Billings, MT 59105

833 Bench Blvd, Billings, MT, 59105
833 Bench Blvd, Billings, MT, 59105 833 Bench Blvd, Billings, MT, 59105 833 Bench Blvd, Billings, MT, 59105 833 Bench Blvd, Billings, MT, 59105 833 Bench Blvd, Billings, MT, 59105 833 Bench Blvd, Billings, MT, 59105
FOR SALE
Property Type:
Mobile home
Amount:
$568,000
Last Verified:
Apr 29, 2022

*Mobile Home Park *For Sale $568,000 *5.5% Cap Rate *8 Mobile Homes @ $395/mo Lot Rent *Tenant Owned Mobiles *Tenants Pay All Utilities Including Water/Sewer *Clean & Well Maintained *Attractive Bench Blvd Location Across from Baseball Fields *Low Maintenance Income Property *Zoned Residential Manufactured Home *Net Operating Income = $30,707 Hard to find 8 unit mobile home park with 100% tenant owned mobiles. With virtually no maintenance responsibilities, this mobile home park provides a truly passive investment with consistent "mailbox money". Owner is currently raising lot rent to $395/mo with some mobile home parks in Billings collecting lot rents as high as $450/mo to $500/mo. City water and city sewer servicing all mobiles makes for a big plus.

Additional URLs

Map of 833 Bench Blvd, Billings, MT, 59105

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.