36353 3 St Pablo, MT 59855
- Commercial real estate
- 0.32 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 36353 3 St
- Lot size
- 0.32 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a well-maintained mobile home park situated on a 0.32-acre lot in Pablo, Montana, near Pablo College. Currently boasting a 97% occupancy rate, the park comprises three mobile homes, each equipped with a refrigerator, stove, washer/dryer, and a propane tank (all owned by the seller). Long-term tenants contribute to a stable rental income stream. The property benefits from established property management, available for continued service at a separate negotiated rate. Each mobile home lot features ample yard space, mature trees providing shade, and convenient off-street parking. A substantial storage shed adds further utility. The property's unzoned status and absence of covenants offer considerable flexibility for future development or continued operation as a mobile home park, allowing for commercial or residential uses. The asking price reflects a motivated seller eager to finalize a transaction. This is an ideal opportunity for investors seeking passive income generation with significant upside potential. The property's location near Pablo College ensures a consistent demand for housing. The existing infrastructure and established tenant base minimize initial operational challenges, making this a low-risk, high-reward investment.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pablo
- County
- Lake
- State
- Montana
- Longitude
- -114.121
- Latitude
- 47.5981