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Springhill Apartments 229 2nd Ave SE

34 Unit Apartment Building $1,850,000 ($54,412/Unit) 9.80% Cap Rate Cut Bank, MT 59427

Attachments

MLS detail sheet

Property Facts

Price $1,850,000
Price Per Unit $54,412
Sale Type Investment
Cap Rate 9.80%
No. Units 34
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.92 AC
Building Size 39,000 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1948/2024

Unit Amenities

  • Cable Ready
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Courtyard
  • Security System
  • Pet Play Area
  • Wi-Fi

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 34 - 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38-4529-12-2-15-14-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,404,220

zoning

Zoning Code 1
1
  • Listing ID: 32656003

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 229 2nd Ave SE, Cut Bank, MT 59427

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