809 15th St
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809 15th St
22 Unit Apartment Building $1,600,000 ($72,727/Unit) Fort Benton, MT 59442
Executive Summary
The Hagan Block Apartment Building is an 18 unit apartment building. It consists of 18 rentable units. 17 of which are fully remodeled. An additional 3 units downstairs are framed out and ready to go along with a massive loft unit on the 3'rd floor which is also framed out and ready to build. Once all units are complete there would be 22 rentable units. It would make a wonderful unit for an owner to live and manage the place or just use it for another rentable unit. There is also a large garage on the ground floor. New boilers, electrical, and most of the plumbing. One block away from the beautiful Missouri River. Fort Benton is one of Montana's most beautiful towns, home to the best fishing and hunting in the state. Coin-op laundry on site. Each unit has its own electrical meter. This building is meticulously maintained and cleaned by its property managers. With the 18 units rented The Hagan Block Apartment building generates $14,000 monthly. Rents are currently well below market. Potential for rental increases.
Owner contact : nicholasarodgers@gmail Cell: Call or Text : 406-696-2455
Owner contact : nicholasarodgers@gmail Cell: Call or Text : 406-696-2455
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Net Operating Income | - | - |
Financial Summary (Pro forma - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Price | $1,600,000 | Building Class | C |
Price Per Unit | $72,727 | Lot Size | 0.33 AC |
Sale Type | Investment | Building Size | 19,728 SF |
Sale Conditions | 1031 Exchange | Average Occupancy | 95% |
No. Units | 22 | No. Stories | 3 |
Property Type | Multifamily | Year Built/Renovated | 1893/2021 |
Property Subtype | Apartment | Parking Ratio | 1.06/1,000 SF |
Apartment Style | Low Rise |
Price | $1,600,000 |
Price Per Unit | $72,727 |
Sale Type | Investment |
Sale Conditions | 1031 Exchange |
No. Units | 22 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.33 AC |
Building Size | 19,728 SF |
Average Occupancy | 95% |
No. Stories | 3 |
Year Built/Renovated | 1893/2021 |
Parking Ratio | 1.06/1,000 SF |
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Detector
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 14 | - | - |
2+1 | 2 | - | - |
3+1 | 1 | - | - |
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PROPERTY TAXES
Parcel Number | 19349823420110000 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,469,900 |
PROPERTY TAXES
Parcel Number
19349823420110000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,469,900
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D15 Enterprises LLC
809 15th St
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