2131 W ARROW CREEK RD, BALLANTINE, MT 59006

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The MHP Value Team is pleased to offer for sale Arrow

Creek Mobile Home Court, a 29-site mixed-use

manufactured housing community located in Ballantine,

Montana.

The community includes 23 developed mobile home sites

and 6 occupied apartments, with 27 occupied sites today

and 100% physical occupancy. Current operations

include 19 tenant-owned homes with an average lot rent

near $450/M, 2 occupied Park-Owned Homes where

tenants are receiving below-market rent, 2 vacant Park-

Owned Homes, and 6 occupied apartments averaging $550/M.

The investment strategy for Arrow Creek involves filling

the 2 remaining vacant MH sites, rehabbing the

vacant/manager unit, stabilizing operations, and

continuing to increase lot and apartment rents through

modest annual rent growth.

A new investor has the opportunity to acquire a

stabilized community with multiple income streams at a

$1,500,000 acquisition price, producing a current

combined NOI of approximately $126,448 and a proforma

Year 3 combined NOI of approximately $154,204.