900 Otis Ave Ennis, MT 59729
Prime Montana location, four luxury units.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- 7-12% projected Net Operating Income (NOI).
- 1.25-2.0x equity multiple.
- 13-19% projected five-year IRR.
- 60-70% average annual occupancy for short-term rentals.
- Strong long-term rental demand.
- Individual unit sales provide potential liquidity.
Property Details for 900 Otis Ave
- Property type
- Residential income homes
- Class
- A
- Year Built
- 2023
- Buildings
- 1
- Stories
- 3
- Units
- 4
Location Insight
- City
- Ennis
- County
- Madison
- State
- Montana
- Latitude
- 45.3577319
- Longitude
- -111.733386
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - Prime Montana location, four luxury units.
- Where is the residential income home located?
- The property is located at 900 Otis Ave Ennis, MT.
- What is the asking price?
- The asking price for this property is $2,800,000.
- What are key features of this property?
- This property features: 7-12% projected Net Operating Income (NOI).; 1.25-2.0x equity multiple.; 13-19% projected five-year IRR.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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