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117 S Sargent - GlendiveRentals.com 117 S Sargent Ave

7 Unit Apartment Building $399,000 ($57,000/Unit) 6.27% Cap Rate Glendive, MT 59330

Apartment Buildings Montana Glendive 117 S Sargent Ave, Glendive, MT 59330

Investment Highlights

  • Cashflowing rental property
  • Great for owner-occupants
  • Includes website and listings
  • Renovated
  • Comfortable Bakken living

Executive Summary

Prime investment opportunity - a cashflowing mutlifamily apartment building, renovated and with a 10 year track record of being occupied by tenants. Great option for investors or owner-occupants.

Data Room Click Here to Access

  • Operating and Financials

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $399,000 Apartment Style Low Rise
Price Per Unit $57,000 Building Class C
Sale Type Investment Lot Size 0.12 AC
Cap Rate 6.27% Building Size 4,700 SF
No. Units 7 Average Occupancy 70%
Property Type Multifamily No. Stories 3
Property Subtype
Apartment
  • Multifamily Dormitory
 Year Built 1960
Price $399,000
Price Per Unit $57,000
Sale Type Investment
Cap Rate 6.27%
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.12 AC
Building Size 4,700 SF
Average Occupancy 70%
No. Stories 3
Year Built 1960

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $700.00 500 - 550
2+1 2 $900.00 -
3+2 1 $1,100 -

Links

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zoning

Zoning Code 2 (Residential)
2 (Residential)
(406) 359-1492

Contact

  • Alexander Lipkovich
    Alexander Lipkovich
  • Three Forks Residence LLC

  • Listing ID: 31877410

  • Date on Market: 5/21/2024

  • Last Updated:

  • Address: 117 S Sargent Ave, Glendive, MT 59330

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VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

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117 S Sargent Ave, Glendive, MT for sale Building Photo- Image 1 of 29
Backside Exterior
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Side Exterior
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Side
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Frontside Exterior
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Front
117 S Sargent Ave, Glendive, MT for sale Lobby- Image 6 of 28
Main Entrance Lobby
117 S Sargent Ave, Glendive, MT for sale Lobby- Image 7 of 28
Main Entrance Lobby
117 S Sargent Ave, Glendive, MT for sale Lobby- Image 8 of 28
Side Lobby
117 S Sargent Ave, Glendive, MT for sale Lobby- Image 9 of 28
Stairs to Units 5 & 6
117 S Sargent Ave, Glendive, MT for sale Lobby- Image 10 of 28
Entrance into Unit 5
117 S Sargent Ave, Glendive, MT for sale Lobby- Image 11 of 28
Unit 5 & 6 Doors
117 S Sargent Ave, Glendive, MT for sale Lobby- Image 12 of 28
Laundry Room
117 S Sargent Ave, Glendive, MT for sale Interior Photo- Image 13 of 28
Unit 7 Restroom
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Unit 7 Kitchen
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Unit 2 Bedroom
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Unit 2 Bedroom
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Unit 6 Living Room
117 S Sargent Ave, Glendive, MT for sale Interior Photo- Image 19 of 28
Unit 6 Bedroom
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Unit 3 Living Room
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Unit 1 Bedroom
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Unit 2 Living room
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Unit 2 Living Room
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Unit 1 Bedroom
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Unit 1 Bedroom
117 S Sargent Ave, Glendive, MT for sale Interior Photo- Image 27 of 28
Unit 1 Living Room

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117 S Sargent - GlendiveRentals.com | 117 S Sargent Ave
(406) 359-1492 x

117 S Sargent - GlendiveRentals.com | 117 S Sargent Ave

Alexander Lipkovich

(406) 359-1492

(406) 359-1492

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