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    Chinook, MT Trailer Court Lots Title is generated by Realmo AI

    730 Utah Street, Chinook, MT 59523

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    Claim this Listing
    For Sale
    $115,000

    Mobile Home, Multi-Unit (2-4) - Chinook, MT

    Lot size:
    0.39 Acres
    Added:
    Feb 17, 2025
    Days on Market:
    460
    Last Refresh:
    May 23 at 5:06 pm

    Property Features for 730 Utah Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    APN
    0000001791
    Lot size
    0.39 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2808

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Trampus Corder
    Trampus Corder

    Listing agent Trampus Corder

    Listing office Corder and Associates, LLC 1312 Front Street, Fort Benton, MT

    Listing date Feb 17, 2025

    MLS# 11435193 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Four‑lot trailer court offers immediate rental or leasing income potential.
    • Proximity to abundant recreational activities including hunting, camping, boating, fishing, hiking, and skiing.
    • Located near the Upper Missouri River Breaks National Monument and Charles M Russell National Wildlife Refuge, offering vast public lands for outdoor enthusiasts.
    • Situated in Hunting District 600, known for quality bird and big game hunting opportunities.
    • Close to the Bears Paws Mountains, providing additional recreational options and scenic drives.
    • Conveniently located 22 miles from Havre, Montana, a larger city with additional amenities.

    Overview

    Located on Utah Street in Chinook, Montana, this property features a trailer court with four lots, suitable for rentals or leasing. The area offers numerous recreational opportunities, including hunting, camping, boating, fishing, hiking, and skiing. Chinook, a small community along the Hi-Line, serves as the county seat of Blaine County and is situated on Lodge Creek where it meets the Milk River. Known historically for its dependence on warm chinook winds and a 1920s sugarbeet factory, the town offers tree-lined streets and a welcoming atmosphere. The property is located approximately 20 miles from Havre. The location provides access to attractions such as the Upper Missouri River Breaks National Monument and the Charles M Russell National Wildlife Refuge, offering extensive public lands for outdoor activities. The Bears Paw Mountains are also nearby, providing opportunities for skiing, hunting, and fishing. Blaine County, part of the Golden Triangle, is known for its grain production and attracts hunters for upland game birds and big game such as deer and elk. The property is located in Hunting District 600, near diverse terrain and wildlife.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Building Supply Hair Salon Spa & Massage Center Big Box & Wholesale Store Nail Salon Pharmacy Gym & Fitness Center Dental Office Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chinook
    County
    Blaine
    State
    Montana
    Longitude
    -109.225201
    Latitude
    48.587756

    Nearby Similar for Sale

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    • $115,000

      Chinook, MT Trailer Court

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    • $55,000

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    FAQs

    What type of property is this?
    Quadplex - Four-lot trailer court in Chinook, Montana, near recreational activities.
    Where is this quadplex located?
    The property is located at 730 Utah Street Chinook, MT.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: Four‑lot trailer court offers immediate rental or leasing income potential.; Proximity to abundant recreational activities including hunting, camping, boating, fishing, hiking, and skiing.; Located near the Upper Missouri River Breaks National Monument and Charles M Russell National Wildlife Refuge, offering vast public lands for outdoor enthusiasts.
    (406) 622-3224
    We can help!
    Listing Contact
    Trampus Corder
    Trampus Corder
    Real Estate License ID: 38039
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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