220 N Center Ave, Miles City Closed Investment Property

220 N Center, Miles City
$300,000
  • sq ft 4,800 SF
  • Property Type investment-property
  • Brochure
  • Highlights *Investment Property w/ Assisted Living Business as a long term tenant *New 5 year lease *Current rent is $3,000/mo NNN - Tenant pays taxes, insurance, utilities and all maintenance *NOI = $36,000 per year *12% CAP Rate *New Roof *New HVAC units

Description

Upgrades have been made to the building since current owner acquired it in 2011 including 2 new HVAC units.  This is a 2 floor facility with comfortable living areas on both floors, an elevator to assist the elderly, day light windows for downstairs units, nice deck on the back for outdoor use and all around enjoyable setting. Financials available to qualified buyers upon request.

 

Highlights

*Investment Property w/ Assisted Living Business as a long term tenant
*New 5 year lease
*Current rent is $3,000/mo NNN - Tenant pays taxes, insurance, utilities and all maintenance
*NOI = $36,000 per year
*12% CAP Rate
*New Roof
*New HVAC units

Brochure

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