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$ 2,399,000

Est. payment -/mo

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Active Under Contract

800 3rd ST SW Sidney, MT 59270

UPDATED:

02/26/2025 06:01 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 30031611

Style Modern

HOA Y/N No

Annual Tax Amount $25,482

Tax Year 2023

Property Sub-Type Apartment

Property Description

This 36-unit apartment complex, now under new management, offers an impressive 93% occupancy rate and potential for a desirable increase in Cap Rate, making it an excellent investment opportunity. The property comprises a mix of 3-bedroom/1-bath, 2-bedroom/1-bath, 1-bedroom/1-bath, and studio apartments across four 3-story buildings with 16 garages. Built in 2016 on 1.267 acres, these luxury units feature granite countertops, efficient hot water heating, wall AC units, and in-unit washers/dryers. The rental income is fabulous, providing a steady and attractive return on investment.
Located in Sidney, MT, the county seat of Richland County, this property is strategically positioned near major employers and amenities. This complex not only provides high-quality living spaces but also represents a promising investment with its strong occupancy and growth potential under new management.

Call Burke Tyree at 406-453-2000, or your real estate professional.

Location

State MT

County Richland

Interior

Fireplace No

Exterior

Garage Spaces 16.0

Building

Foundation Slab

Architectural Style Modern

New Construction No

Others

Senior Community No

Tax ID 27344429405070000

Special Listing Condition Standard

Listed by Tyree Real Estate, Inc.

Samantha Hodgson

Advisor | License ID: 70717

+1(406) 697-1019

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