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3600 N Montana Ave
Helena, MT 59602

Land For Sale · 19.57 AC

Investment Highlights

  • 56 pad Mobile Home Community with 41 current tenants
  • Sits along a main commercial corridor in Helena, MT with high traffic counts
  • Additional 10.5+/- acres that can be potentially developed

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Manufactured Homes or Mobile Home Park
Total Lot Size 19.57 AC

Description

Introducing Pebble Gardens, a 56 lot community located in Helena, MT. The community represents a rare opportunity to acquire a value add asset in a highly desired market along a main arterial commercial corridor. The community represents tremendous supply and demand characteristics due to the lack of affordable housing throughout the desired mountain west markets. The community offers an investor a great amount of management, infill, and development upside. -Opportunity to development 10.5 acres while realizing cashflow from preexisting Manufactured housing community -Opportunity to submeter the remaining pads -All Tenant Owned Homes -Median Home price in Helena is up 26.6% in the past year ($447,551) -Potential to add onto existing MHC by annexing remaining 10.5± acres or redevelop into mixed use development along a main arterial corridor in Helena -Helena city services are bordering property with capacity (To be confirmed by buyer) -Current county zoning but bordered on 3 sides by the city of Helena -19,349 traffic count (2021) in proximity of this section of Montana Ave - great visibility for retail and commercial options. Close range to several major retailers including Target, Bob Wards, Murdochs, Etc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-1888-18-1-01-10-0000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,183,267

zoning

Zoning Code R-1 (County Zoning)
R-1 (County Zoning)
  • Listing ID: 32571348

  • Date on Market: 24/07/2024

  • Last Updated:

  • Address: 3600 N Montana Ave, Helena, MT 59602

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