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Motivated Seller 40 unit Apartment With Condo Plat In Montana
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Property Description |
The Cottonwood Apartments/Condominiums offers a rare opportunity to purchase an income producing property with tremendous upside in Sidney, Montana, an energy boom town. The energy boom has placed a large strain on availability of housing and should insure high occupancy and steadily increasing rental rates well into the future. The Cottonwood Apartments/Condominiums is a 40 unit complex. Each of the 819 square foot apartments feature two bedrooms, one bath, living room, and a combination kitchen/dining room. Currently, the Cottonwood is a fully occupied apartment complex comprised of five two level buildings, each building measuring 76' X48' and having four apartments in each level. The property has a condo plat allowing each of the units to be sold separately to maximize return. |
| Listing Status: |
For Sale |
| Property Type: |
Apartment Buildings |
| Price($): |
1,600,000 |
| Street Address: |
2181 Sunflower Lane |
| City: |
Sidney |
| Region: |
Montana |
| ZIP/Postal Code: |
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| Bedrooms: |
80 |
| Bathrooms: |
40 |
| Stories: |
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| Square Feet: |
819x40 |
| Lot Size: |
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| Year Built: |
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| Owner Finance: |
No |
| Cap Rate: |
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| Net Operating Income: |
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| Price Per Square Foot: |
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