MLS® #: 358041

Multi-Family

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.