Investment Property for Sale at 309 South Minnesota Street in Conrad, MT for $515,000

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309 South Minnesota Street | Conrad

$515,000

Sunrise RV and Mobile Home Park located in Conrad, MT is permitted for 29 Mobile Home Spaces and 9 RV Spaces. Sunrise is the only Mobile Home Park in Conrad which has a population of 2400 and is the County Seat of Pondera County. The property is currently comprised of 10 tenant owned homes, and 5 park owned homes. The lot rent is under $300 per month and the tenants water bill is partially subsidized by the owner. A new owner can add significant value by infilling the park with homes, allowing monthly rv space rentals, and fully billing back water and raising lot rental rates. The current ownership entity has always had significant demand for the their homes into the park, and has even had tenants move their own homes into the park from Flathead County. Sunrise Mobile Home Park is serviced by city water and city sewer with a laundromat which has 4 coin operated washers and 4 coin operated dryers. The Laundromat is the only public coin operated laundry facility in town. MTR 30038023

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MLS Listing ID: 
MTR 30038023
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$515,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Conrad
Address: 
309 South Minnesota Street, Conrad, MT 59425, US
County: 
Pondera
Latitude: 
48.1677503
Longitude: 
-111.9411250
Building Details
Details about the building on a property.
Architectural Style: 
Other
New Construction: 
0
Construction
Foundation Details: 
Other
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.0
Waterfront: 
0
Lot Features
Garage: 
0
Public Record
Parcel Number: 
26398723116020000
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Trevor Madden
Listing Office Name: 
Madden Real Estate, LLC