2150 Milleg Ln Big Piney, WY 83113
This exceptional investment opportunity presents a 3.14-acre mobile home and RV park located at 2150 Milleg Ln, Big Piney, Wyoming, 83113 (APN 08-00-00012). Currently boasting 23 mobile home units and 39 total pads, the park offers significant upside potential. The property is situated on city services, a key advantage for residents. Currently operating at 53% occupancy, the park generates a Net Operating Income (NOI) of $77,000, yielding an attractive 8.10% capitalization rate. The asking price is $950,000. This presents a compelling opportunity to increase both mobile home and overnight RV occupancy, potentially boosting revenue through market-rate rent adjustments. Further revenue enhancement could be achieved by implementing a utility billing system for water, sewer, and trash, currently included in the rent. The well-maintained park provides a comfortable living environment, attracting tenants and maximizing returns. This property offers a strong foundation for a savvy investor seeking a high-yield, hands-on investment in a growing community. The park's location in Sublette County, Wyoming, provides access to outdoor recreation and a desirable lifestyle. This is a rare chance to acquire a well-positioned mobile home park with substantial growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.