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.
Details
| MLS # | 30066888 |
|---|---|
| Listing Type | For Sale |
| Style | Buildingland |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 171 |
| Listing Provided By | Coldwell Banker Commercial Drew Ward Warne Advisory Group | Kelsey Ward |
Features
| Units | 8 |
|---|---|
| Zoning | See Remarks |
| Acreage | 0.25 |
| Property View | Yes |
Exterior
| Lot Features | See Remarks, Level |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Additional Parking, On Street |
Taxes
| Tax Annual Amount | 5357.31 |
|---|
Location
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
Area Information
| State | MT |
|---|---|
| County | Missoula |
| City | Missoula |
| Zip Code | 59801 |
| Listing VS Median (in 59801) | |
Price: $675,000 low | high Med: $575,000 On site: 171 low | high Med: 49 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MT |
|---|---|
| County | Missoula |
| City | Missoula |
| Zip Code | 59801 |
| Listing VS Median (in 59801) | |
Price: $675,000 low | high Med: $575,000 On site: 171 low | high Med: 49 | |