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Updated about 8 years ago on .

User Stats

20
Posts
8
Votes
Jessica Weiler
  • Investor
  • Manhattan, MT
8
Votes |
20
Posts

Mobile Home for Sale - NO Lot Rent!!

Jessica Weiler
  • Investor
  • Manhattan, MT
Posted

Mobile home for Sale in Sun Prairie, just north of Great Falls. NO LOT RENT! The current owner has had it for 25 years. It could use a coat of paint on the exterior trim, but otherwise is in excellent condition! The home was built in 1974 and would rent for about $625/month.

With 5% vacancy, 7% for repairs, 7% for capital expenditures, and a 10% Property Management you end up with...

 $327.00 Monthly Income

CoC 12.46%

Cap Rate 14.02% 

If you prefer to manage the property yourself your monthly income increases to $389.

It's a great investment for the money!! Again, the owner has taken amazing care of it, but is ready to move on.

If interested please e-mail me at [email protected]

Offering