Village Estates at Billings

Village Estates at Billings

Laurel, MT
Under Contract
  • Property Type: Manufactured Housing
  • Property Size: / 20 Acres / 160 Sites

Overview

Capstone Manufactured Housing is pleased to present Village Estates at Billings. This 160-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 160 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

    Direct-Billed City Utilities

    City-Owned and Maintained Infrastructure

    Advantageous Property Tax

    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 Director P: 315.406.0900
    O: 800.261.9464 ext. 708
    ian@capstone-companies.com
    Brian Hummell Senior Investment Sales Advisor P: 614.318.5482
    O: 800.261.9464 ext. 711
    hummell@capstone-companies.com
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