5820 Montana Ave Helena, MT 59602-6856
Property profile & analytics
5820 Montana Ave Helena, MT 59602-6856
- Mobile home & RV parks
- 4,892 SF
- 20.60 lot acres
Property ID
US52-0513462
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Helena Campground and RV Park / Campground & RV Park
- Hi-Line Asphalt / General Contractor / Construction Company
- Grizzled Nomad Travels / Travel Agency
Property Details for 5820 Montana Ave
- Year built
- 1970
- Construction
- WOOD
- Lot size
- 20.60 lot acres
- Property size
- 4,892 SF
- Property type
- Mobile home & RV parks
- APN
- 05-1888-06-1-15-40-0000
- APU
- 5188806115400000
Description
This exceptional investment opportunity presents a 94-site mobile home and RV park in Helena, Montana, boasting a strong 9.0% capitalization rate and projected 2024 NOI of $400,000. The 20.6-acre property includes 51 occupied mobile home spaces (50 tenant-owned homes and 1 long-term tenant lot), generating $430/month in rent (including water, sewer, and garbage). Additionally, there are 40 full-service long-term RV sites at $625/month plus electricity, and 45 electric-only sites at $525/month plus electricity (not included in DEQ licensure). Supplemental income streams are derived from a studio apartment, a 3-bedroom apartment, mailboxes, laundry facilities, vending machines, and storage units. The property benefits from on-site management. Significant upside potential exists with planned rent increases effective January 1st, raising MHP space rent to $475/month and long-term RV spaces to $695/month. Further expansion plans include the development of a storage facility encompassing 258 10x20 storage units and 34 additional long-term RV storage spaces. This turn-key asset offers a stable income stream in a rapidly growing Montana market. The total square footage of the improved property is 5,180 square feet. This is a rare opportunity to acquire a well-managed, high-performing mobile home and RV park with substantial growth potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Helena
- County
- Lewis And Clark
- State
- Montana
- Longitude
- -112.024
- Latitude
- 46.6573
- CBSA code
- 25740
- CBSA name
- HELENA, MT MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$32,534
$0.00
$0.00
$2,476,900
-
$473,022
$2,003,878
$2,476,900
