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$1,495,000
8 Days On Site

1501 PLATEAU Road
Billings, MT 59105

For Sale|Manufactured Home|Active Under Contract
0
Beds
0
Total Baths
1,216
SqFt
$1,229
/SqFt
1993
Built
Subdivision:
Lower 40
County:
Yellowstone
Listing courtesy of Damian Forrester of eXp Realty, LLC - Billings
Call Now: 406-206-4886
Is this the listing for you? We can help make it yours.
406-206-4886
1501 PLATEAU Road1501 PLATEAU Road1501 PLATEAU Road1501 PLATEAU Road
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Rare opportunity to acquire a turnkey 40-acre income + equestrian property in Billings, MT. This unique investment features 8 park-owned mobile homes on private 1-acre pads, 2 large shops, and 6 independent horse pasture rentals with shelters, tack rooms, heated auto-waterers, electricity, and a shared outdoor arena. Scenic Seven Mile Creek runs through the land, enhancing both lifestyle appeal and long-term value. The property is 100% occupied with professional management in place, and tenants maintain their own gas and electric meters for low owner maintenance. With gross income of approx. $168,000, NOI near $135,000, and a strong 9% cap rate, this asset delivers immediate cash flow plus upside potential to add additional home sites, storage units, or build your own custom residence onsite. This is a rare blend of rural Montana living and solid investment performance.

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Listing Snapshot
Price 
$1,495,000
Days On Site 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,216 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
40 Acres
Year Built 
1993
MLS® Number 
358041
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoStatus changed to Active Under Contract
5 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
40
Disclosures 
Disclosure On File
Levels 
One
Property Sub Type 
Manufactured Home
Sewer 
Septic Tank
SqFt Above 
1216
Style 
Manufactured Home
Water Source 
CisternShared WellWell
Zoning 
See Remarks
Interior Features
Cooling 
Window Unit(s)
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Metal Siding
Lot Features 
Level
Roof 
MetalShingle
Community Features
MLS Area 
(01) Billings Heights (West of Main)
Schools
School District
Unknown
Elementary School
Independent
Middle School
Medicine Crow
High School
Skyview
Listing courtesy of Damian Forrester of eXp Realty, LLC - Billings

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Copyright © Billings Association of REALTORS® Incorporated and Billings Multiple Listing Service Incorporated.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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