Billings Heights Mobile Home Park Development

Positioned along the highly traveled US Highway 93 corridor in Lolo, Montana, this rare investment opportunity combines an established (Tract C) 11.17-acre mobile home and RV park with a separate (Lot 8C) 1-acre commercial parcel offering outstanding highway frontage/exposure and long-term development potential. Located just 10 minutes south of Missoula at the gateway to the rapidly growing Bitterroot Valley, the property benefits from one of Western Montana's busiest transportation corridors and provides diversified income with future upside. Family-owned and maintained for approximately 44 years, the offering consists of two contiguous parcels totaling 12.17 acres. The mobile home community includes 29 individually metered mobile-home sites, a 900 SF, 2-bedroom/1-bath single-family residence, and 23 year-round full-hookup RV sites. Occupancy remains 98%, with the only vacancy intentional for maintenance of pump house. All tenants are currently on month-to-month leases, providing immediate value-add potential through future rent adjustments to market rates. The property’s commercial frontage offers exceptional visibility for retail, office, service, or mixed-use development, while the established mobile home/RV park provides stable rental income and addresses the region’s ongoing demand for affordable housing. The combination of commercial development potential and residential income creates a diversified investment with multiple revenue streams. The mobile/RV park (Tract C) features generously sized sites with dedicated parking, excess irrigated open green space, shop, pump house with shower/restroom facilities, an additional RV pump house, and private utility infrastructure served by two wells producing approximately 150 gallons per minute, offering capacity for future site reconfiguration or expansion, subject to applicable approvals. The separate (Lot 8C) 1-acre commercial parcel offers approximately 320 feet of frontage on US Highway 93, with exposure to approximately 19,545 vehicles per day (AADT 2026). The parcel currently generates passive income through a billboard lease and storage shed ground lease while offering exceptional potential for future commercial development, owner-user occupancy, or build-to-suit opportunities. Public water (1) hook-up is available, providing additional flexibility for future improvements. This is a rare opportunity to acquire a well-established, income-producing asset with multiple revenue streams, exceptional highway exposure, and significant long-term upside in one of Western Montana's strongest growth markets.

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.

Pondera RV Resort is a turnkey investment in Conrad, Montana, just 4 miles off Interstate 15—a key corridor for travelers heading to Glacier National Park, the Bob Marshall Wilderness, and other popular destinations. Located in a high-traffic tourism route, this 1.08-acre property features 18 full-hookup RV spaces (water, sewer, electric), laundry facilities, Wi-Fi, and a mobile home that provides additional rental income or on-site management housing. A main building on the property offers restrooms and showers for guests, along with space for storage to support daily operations. The resort is ideally positioned between two of Conrad’s city parks, directly across from the public pool, and within walking distance to a playground, shopping center, and family restaurant—making it a convenient and comfortable stopover for road-trippers and seasonal visitors. This income-generating asset offers long-term value in a well-traveled location.