806 3rd St NW
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806 3rd St NW
36 Unit Apartment Building $3,411,378 CAD ($94,761 CAD/Unit) Sidney, MT 59270
Executive Summary
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 , or your real estate professional.
Property Facts
Price | $3,411,378 CAD | Apartment Style | Garden |
Price Per Unit | $94,761 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 1.25 AC |
No. Units | 36 | Building Size | 55,191 SF |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built | 2016 |
Price | $3,411,378 CAD |
Price Per Unit | $94,761 CAD |
Sale Type | Investment |
No. Units | 36 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 1.25 AC |
Building Size | 55,191 SF |
No. Stories | 3 |
Year Built | 2016 |
Unit Amenities
- Air Conditioning
- Heating
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 6 | - | - |
1+1 | 12 | - | - |
2+1 | 12 | - | - |
3+1 | 6 | - | - |
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PROPERTY TAXES
Parcel Number | 27344429405070000 | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $2,196,495 CAD |
PROPERTY TAXES
Parcel Number
27344429405070000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,196,495 CAD
zoning
Zoning Code | B1 (Highway Commercial Buisness) |
B1 (Highway Commercial Buisness) |
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806 3rd St NW
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