Alder Ridge Estates

Alder Ridge Estates

Laurel, MT
Available
  • Property Type: Manufactured Housing
  • Property Size: / 20 Acres / 145 Sites

Overview

Capstone Manufactured Housing is pleased to present Alder Ridge Estates. This 145-site offering presents a unique opportunity to acquire a truly passive investment in the rapidly expanding market of Billings MT, which was recently ranked #1 on Wall Street Journal’s Housing Market Index.

Located within village subdivision, all 145 lots have their own legal description, public direct-billed utilities and city-owned/maintained infrastructure, closer resembling the operations of a residential subdivision than that of a traditional MHP.  Although the community runs like a traditional subdivision, there is no active Homeowners Association in place that would limit or impede on any operational control of an investor. This offering presents a one-of-a-kind investment opportunity, in one of the fastest growing markets in the county, with minimal oversight and an abundance of operational efficiencies.


Investment Highlights

BILLINGS RECENTLY RANKED #1 ON WALL STREET JOURNAL’S HOUSING MARKET INDEX

99% OCCUPIED

ALL RESIDENT-OWNED HOMES

Zero Park-Owned Homes

DIRECT-BILLED CITY UTILITIES

Water, Sewer, Trash, Electric, Natural Gas

CITY-OWNED AND MAINTAINED INFRASTRUCTURE

Streets, Water Lines, Sewer Lines


Contact Information

Hunter LaRocca Investment Sales Advisor P: 407.227.9643
O: 800.261.9464 ext. 712
hunter@capstone-companies.com
Kevan Enger Partner P: 407.494.8541
O: 800.261.9464 ext. 704
kevan@capstone-companies.com
Ian Hilpl Senior Advisor P: 315.406.0900
O: 800.261.9464 ext. 708
ian@capstone-companies.com
Brian Hummell Investment Sales Advisor P: 614.318.5482
O: 800.261.9464 ext. 711
hummell@capstone-companies.com
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