1033 S 4th St W
- Long Term Tenants & Housing Demand
- Central Missoula Urban Infill Location
- Tenants pay Monthly Rent plus applicable Utilities & Pet Rent
- Professionally Managed and Upkept
- Stable & Efficient Operations
- Long-Term Upside through Full Lot Occupancy
Property Description
1033 S 4th Street W in Missoula presents a rare opportunity to acquire a small infill mobile home park investment within one of Montana’s most supply-constrained housing markets. The property consists of 8 total mobile home lots situated on 0.248 acres, with an additional 0.117 acres of leased land from Montana Rail Link supporting the community layout. The park currently includes 6 park-owned mobile homes included in the sale, 1 additional lot rent, and 1 vacant lot, providing immediate income with additional upside through lease-up. The homes have been professionally maintained and kept in good condition by property management, allowing for stable operations. The property is currently producing an NOI of approximately $49,473, reflecting an estimated 7.33% cap rate based on current income. Zoned M1R-2 / U-MU1 (Urban Mixed-Use Low), the asset benefits from flexible urban zoning and a central location with easy access to downtown Missoula, neighborhood services, and outdoor amenities including the nearby Milwaukee Trail. This offering represents a rare opportunity to acquire a small-scale mobile home park in Missoula’s urban core, combining stable cash flow, attainable housing demand, operational simplicity, and long-term infill investment potential in a growing market.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $675,000 |
| No. of Units: | 8 |
| Lot Size: | 0.25 Acres |
| Opportunity Zone: | No |
| Price per unit: | $84,375 |
| Property Website | Click Here |
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