229 2Nd AveCut Bank, MT 59427
34-unit apartment complex, high occupancy
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- $1,850,000 asking price.
- 34-unit mixed-use apartment complex on a 0.916-acre lot in Cut Bank, Montana.
- Potential to expand to 36 units and add 16 more units on an adjacent lot.
- 99% occupancy with a waiting list; 2023 CAP rate of 9.8%, projected higher in 2024.
Property Details for 229 2Nd Ave
- Property type
- Mixed-use properties, Land
- Lot Size (sq. ft)
- 39,901 SF
- Units
- 34
Location Insight
- City
- Cut Bank
- County
- Glacier
- State
- Montana
- Latitude
- 48.6315247
- Longitude
- -112.334028
Nearby Similar for Sale
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