Fully leased 4-Plex in The Center of the City | 913 2nd Ave S
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Fully leased 4-Plex in The Center of the City 913 2nd Ave S
4 Unit Apartment Building $450,000 ($112,500/Unit) 9% Cap Rate Great Falls, MT 59405
Investment Highlights
- long term tenants. No vacancy for 4 years
Executive Summary
Fully leased 4plex in central location of downtown Great Falls MT. Sold separately or in portfolio with another 4 plex 2 blocks away and a 4/2 sfr 5 blocks away. Some rents are below market due to very long term tenants.
2 spaces per unit directly behind property for tenant parking. New foundation in 2020.
Portfolio goes for $1,200,000 for all 3 investments.
2 spaces per unit directly behind property for tenant parking. New foundation in 2020.
Portfolio goes for $1,200,000 for all 3 investments.
Financial Summary (Actual - 2023) 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
|
| 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 | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | $450,000 | Apartment Style | Low Rise |
| Price Per Unit | $112,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 9% | Building Size | 1,431 SF |
| Sale Conditions | Bulk/Portfolio Sale | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2021 |
| Property Subtype | Apartment |
| Price | $450,000 |
| Price Per Unit | $112,500 |
| Sale Type | Investment |
| Cap Rate | 9% |
| Sale Conditions | Bulk/Portfolio Sale |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 1,431 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2021 |
Unit Amenities
- Air Conditioning
- Cable Ready
Site Amenities
- 24 Hour Access
1 of 1
Walk Score ®
Very Walkable (83)
zoning
| Zoning Code | SFR (Ru - Residential) |
| SFR (Ru - Residential) |
Learn More About Investing in Apartment Buildings
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Clydesdale Commercial
Fully leased 4-Plex in The Center of the City | 913 2nd Ave S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.