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2131 W Arrow Creek Road

Mobile Home Park
$1.4M

Ballantine, Yellowstone County, Montana

Listing Details

Asking Price
$1.4M
City
Ballantine
County
Yellowstone County
State
Montana

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About 2131 W Arrow Creek Road

To Downloads the OM and financials, you can click "View OM" or "Due Diligence" and you will be prompted to sign a confidentiality agreement. Once done, you will be able to immediately download the information. For any questions or concerns please contact Matt Kovacs, Mattk@mhpvalue.com

The MHP Value Team is pleased to offer for sale Arrow

Creek Mobile Home Court, a 30-site mixed-use

manufactured housing community located in Ballantine,

Montana.

The community includes 23 developed mobile home sites

and 6 occupied apartments, with 27 occupied sites today

and 100% physical occupancy. Current operations

include 19 tenant-owned homes with an average lot rent

near $450/M, 2 occupied Park-Owned Homes where

tenants are receiving below-market rent, 2 vacant Park-

Owned Homes, and 6 occupied apartments averaging $550/M.

The investment strategy for Arrow Creek involves filling

the 2 remaining vacant MH sites, rehabbing the

vacant/manager unit, stabilizing operations, and

continuing to increase lot and apartment rents through

modest annual rent growth.

A new investor has the opportunity to acquire a

stabilized community with multiple income streams at a

$1,500,000 acquisition price, producing a current

combined NOI of approximately $126,448 and a proforma

Year 3 combined NOI of approximately $154,204.

Frequently Asked Questions

How much does 2131 W Arrow Creek Road cost?

2131 W Arrow Creek Road is listed at $1.4M. Request full financials through Parkvestor for a direct introduction to the listing broker.

What type of property is 2131 W Arrow Creek Road?

2131 W Arrow Creek Road is a mobile home park located in Ballantine, Montana, currently listed for sale.

Where is 2131 W Arrow Creek Road located?

2131 W Arrow Creek Road is located in Ballantine, Montana. Browse more mobile home parks for sale in Montana on Parkvestor.

How do I get more information about 2131 W Arrow Creek Road?

Submit the broker intro request on this page. Parkvestor connects you directly with the listing broker for 2131 W Arrow Creek Road at no cost — no account required.

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