Come invest in a consistently profitable 24 unit apartment centrally located in Shelby, Montana. The buildings are in good condition with a low vacancy rate. There are three separate buildings on 2.57 acres with a paved parking lot. Each building has seven two bedroom units and one, one bedroom unit plus laundry facilities. Appliances in almost every unit appear to be newer. Many apartments are being upgraded to the ''luxury vinyl plank'' highly durable flooring. Landlord pays sewer, water, and trash. Tenant pays electricity (includes heat source) and a monthly laundry room fee since the washers and dryers are not coin operated. Shelby is a rural town comprised of border patrol agents, those working for the railroad, the local prison. Shelby has seen a big influx of veterans and retirees attracted to its affordability and simple Montana lifestyle.
Listing Agent: Lynn Kenyon
(Data provided by Gallatin-BigSky-BSC data)