MLS® ID: 414240
Type: ResidentialIncome
721 / 735 Hobson Butte, MT
$2,030,000.00
Unlock immediate, stable cash flow with this fully occupied 12-unit multi-family property situated in a desirable central location. Featuring 12 two-bedroom, one-bathroom floor plans, this property consistently attracts long-term tenants and provides for minimal vacancy. Residents enjoy the everyday convenience of dedicated covered parking and proximity to local shopping, dining, and recreational opportunities. What makes this investment stand out is its built-in dual revenue stream. Alongside the 12 residential apartments, the property features 30 on-site storage units, creating additional steady income. This investment is being offered at a 7% cap rate and is arguably the best investment property currently offered in SW Montana.
Amenities
Zip 59701
SQFT N/A
Property Type ResidentialIncome
Lot Size
Levels Two
Office Name McLeod Real Estate Group, LLC
Year Built 1996
Subdivision None
Area Butte and Surrounding Areas
Status Active
Listing Agent: Mike McLeod
Location
(Data provided by Gallatin-BigSky-BSC data)