800 3Rd StSidney, MT 59270

Property Details for 800 3Rd St

Property type

Apartment buildings

Description

Exceptional investment opportunity awaits with the Sunland Apartments, a 36-unit Class A apartment complex in Sidney, Montana. This property boasts a remarkable 93% occupancy rate, offering immediate and substantial rental income. Built in 2016, the complex sits on 1.267 acres and comprises four two-story buildings, featuring a mix of studio, one-bedroom, two-bedroom, and three-bedroom units, each with one bathroom. Luxury amenities include granite countertops, efficient hot water heating, wall AC units, and in-unit washers and dryers. Sixteen garages are also available on the property. Strategically located in Sidney, Richland County, MT, near major employers and amenities, this complex provides high-quality living spaces and a promising return on investment. The asking price is $2,399,000, translating to approximately $66,638.89 per unit. The property's strong occupancy and potential for increased cap rate under new management make it an attractive proposition for discerning investors. This is a turnkey operation with significant upside potential. The property's location in the county seat of Richland County ensures convenient access to local services and a stable tenant base. The modern design and desirable amenities contribute to the high occupancy rate and strong rental demand. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a growing Montana market.

Location Insight

City

Sidney

County

Richland

State

Montana

Latitude

47.715

Longitude

-104.166

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].