1501 Plateau Road, Billings, MT 59105

Billings
Local realty services provided by:ERA American Real Estate
1501 Plateau Road,Billings, MT 59105
$1,495,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,216 sq. ft.
  • Mobile / Manufactured
  • Active
Listed by: damian forrester406-578-4399
Office: exp realty, llc. - billings
MLS#:358041
Source:MT_BAR

Price summary

  • Price:$1,495,000
  • Price per sq. ft.:$1,229.44

About this home

Rare opportunity to acquire a turnkey 40-acre income + equestrian property in Billings, MT. This unique investment features 8 park-owned mobile homes on private 1-acre pads, 2 large shops, and 6 independent horse pasture rentals with shelters, tack rooms, heated auto-waterers, electricity, and a shared outdoor arena. Scenic Seven Mile Creek runs through the land, enhancing both lifestyle appeal and long-term value. The property is 100% occupied with professional management in place, and tenants maintain their own gas and electric meters for low owner maintenance. With gross income of approx. $168,000, NOI near $135,000, and a strong 9% cap rate, this asset delivers immediate cash flow plus upside potential to add additional home sites, storage units, or build your own custom residence onsite. This is a rare blend of rural Montana living and solid investment performance.

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Home facts

  • Year built:1993
  • Listing ID #:358041
  • Added:2 day(s) ago
  • Updated:March 14, 2026 at 07:55 PM

Rooms and interior

  • Living area:1,216 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Gas

Structure and exterior

  • Roof:Metal, Shingle
  • Year built:1993
  • Building area:1,216 sq. ft.
  • Lot area:40 Acres
  • Construction Materials:Steel
  • Levels:1 Story

Schools

  • High school:Skyview
  • Middle school:Medicine Crow
  • Elementary school:Independent

Finances and disclosures

  • Price:$1,495,000
  • Price per sq. ft.:$1,229.44

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