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Joe Cummings

joe.cummings@engelvoelkers.com +1(406) 240-9435

$ 675,000

Est. payment -/mo

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Active Under Contract

Address not disclosed Missoula, MT 59801

10,802 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Building/Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 30066888

HOA Y/N No

Annual Tax Amount $5,357

Tax Year 2025

Lot Size 10,802 Sqft

Acres 0.248

Property Sub-Type Building/Land

Property Description

1033 S 4th Street W in Missoula presents a rare opportunity to acquire a small infill mobile home park investment within one of Montana's most supply-constrained housing markets. The property consists of 8 total mobile home lots situated on 0.248 acres, with an additional 0.117 acres of leased land from Montana Rail Link supporting the community layout. The park currently includes 6 park-owned mobile homes included in the sale, 1 additional lot rent, and 1 vacant lot, providing immediate income with additional upside through lease-up. The homes have been professionally maintained and kept in good condition by property management, allowing for stable operations. The property is currently producing an NOI of approximately $49,473, reflecting an estimated 7.33% cap rate based on current income. Zoned M1R-2 / U-MU1 (Urban Mixed-Use Low), the asset benefits from flexible urban zoning and a central location with easy access to downtown Missoula, neighborhood services, and outdoor amenities including the nearby Milwaukee Trail. This offering represents a rare opportunity to acquire a small-scale mobile home park in Missoula's urban core, combining stable cash flow, attainable housing demand, operational simplicity, and long-term infill investment potential in a growing market.

Located along the S 4th Street corridor in Missoula, 1033 S 4th Street W offers a convenient urban location with immediate access to local services, retail, and neighborhood amenities. The property sits directly along the community's well-traveled multi-use trail system connected to the Milwaukee Trail, providing walkable and bikeable access throughout the city. For residents, the location places daily amenities within minutes, including grocery, dining, parks, and the employment centers of downtown Missoula, while maintaining a neighborhood setting ideal for long-term residential use such as a mobile home community. The direct trail connectivity, proximity to public transit routes, and access to nearby parks along the Clark Fork River make this a highly livable location that continues to support strong housing demand in Missoula's core neighborhoods.

Location

State MT

County Missoula

Community Curbs, Street Lights, Sidewalks

Zoning M1R-2 / U-MU1 - Urban Mixed-Use Low

Interior

Fireplace No

Exterior

Parking Features Additional Parking, On Street

Fence Cross Fenced, Partial

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Available

View Y/N Yes

Water Access Desc Public

View Mountain(s)

Present Use Investment,Manufactured Home,Multi-Family,See Remarks

Building

Lot Description See Remarks, Level

Dwelling Type Manufactured House,Multi Family

Foundation Other

Sewer Public Sewer

Water Public

Others

Tax ID 04220021320010000

Special Listing Condition Standard

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Listed by Coldwell Banker Commercial Drew Ward Warne Advisory Group

Joe Cummings

Broker | License ID: RRE-BRO-LIC-123486

+1(406) 240-9435

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