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Capstone is pleased to present the Helena, Montana MHC, an 80-site community strategically located in the capital of The Treasure State: Helena, MT. Boasting a population surge of 9.7% since 2020, Helena is strategically situated between the renowned Yellowstone and Glacier National Parks and has become a hotspot for out-of-state buyers. The surge in demand has led to unprecedented real estate prices, with the median SFH price reaching a record high of $506,000 in June 2022. This growth underlines the pressing demand for affordable housing options, putting the community, with its below-market rents, in a position of enormous appeal and utility. The Helena, Montana MHC is 98% occupied, with reliable, long-term residents. Utilities are currently included in the already below-market rents, and the current owner is the same owner who developed the park in the 1970s. They’ve done an excellent job maintaining the community and homes. This pride in presentation is displayed in the park-owned homes, through renovations and maintenance that has old homes looking brand new. This offering presents the opportunity to acquire a stable, turn-key asset in a fast-growing market in Montana.
Investment Highlights:
Strength and Growth of Helena Market
Pride of Ownership & Quality of Homes
Public Utilities with Opportunity to Pass Through to Residents
Below-Market Lot Rents
Stable, Long-Term Tenant Base