For Sale

313 Sheridan Ave, Plentywood

16135

Property ID

3,592 sf

Size

$210,000.00

Description

*313 Sheridan Ave, Plentywood, MT
*5 Unit Apartment Complex
*For Sale $210,000
*3,592 SF Building
*0.318 Acres of Land
*Built 1948/Remodeled 2010
*5 Units Rented @ $500/mo
*Tenants Pay Electric
*Currently NOI = $17,906/yr
*Current Cap Rate = 8.5%
*Room to Raise Rents to $600/mo
*Pro Forma NOI = $23,906/yr
*Pro Forma Cap Rate = 11.4%

 

Well maintained 5 plex in Plentywood, MT for sale. Currently 100% occupied with 3 units on the main floor and 2 in the basement. Includes onsite laundry that is a free service to the tenants, but could be converted to coin-op. Electrical and plumbing in 5 plex has been completely redone. New roof in 2009.

Address

Address: 313 Sheridan Ave, Plentywood
  • Country: United States
  • Province / State: Montana
  • Postal code / ZIP: 59254
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  • Property ID 16135
  • Price $210,000.00
  • Property Type Investment-Property, Multifamily
  • Property status For Sale
  • Size 3,592 sf
  • Lot Size .381 AC
  • Zoned Outside City Limits

File Attachments

Brochure-313-Sheridan-Ave-Plentywood-March-2023_compressed.pdf Download
313-Sheridan-St-APOD.pdf Download

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Contact

Nathan Matelich, CCIM

Property Agent
(406) 781-6889
nathan@cbcmontana.com
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