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36353 3 St Pablo, MT 59855

Sponsored
For Sale
$180,000

Montana Mobile Home Park - High Occupancy

Description

Added:
Dec 11, 2024
Days on Market:
391
Exceptional investment opportunity in Pablo, Montana! This distressed mixed-use property, classified as Class C, is listed at $180,000 and boasts a strong 6.81% cap rate, generating a net operating income (NOI) of $12,261. Currently operating at 95% occupancy, the property comprises four units situated on a 0.321-acre lot at 36353 3rd Street N, zip code 59855. The property includes three mobile homes, each equipped with a refrigerator, stove, washer/dryer, and propane tank (all owned by the seller). Residents enjoy spacious yards, ample shade trees, and off-street parking. A large storage shed is also located on the property. The mobile homes benefit from a long history of stable tenancy. A property manager is currently in place and available to continue management at a separate negotiated rate. The property is unzoned and free of covenants, offering flexibility for various commercial or residential uses. This presents a compelling opportunity for passive income generation, particularly attractive to investors seeking a motivated seller and a property priced to sell. The property's proximity to Pablo College adds to its appeal.

Property Features for 36353 3 St

General Information

Property type
Mixed-use properties
Class
C
Lot Size
13,983 SF

Building Details

Units
4

HighLights

  • $180,000 Asking Price for a Distressed Mixed‑Use Property.
  • 6.81% Cap Rate with a $12,261 NOI.
  • 95% Occupancy across 4 Units.
  • 0.321‑acre lot in Pablo, MT (59855).
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Pablo
County
Lake
State
Montana
Longitude
-114.1216591
Latitude
47.5982966

FAQs

What type of property is this?
Mixed-use property - Montana Mobile Home Park - High Occupancy
Where is this mixed-use property located?
The property is located at 36353 3 St Pablo, MT.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: $180,000 Asking Price for a Distressed Mixed-Use Property.; 6.81% Cap Rate with a $12,261 NOI.; 95% Occupancy across 4 Units.
More about this property
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