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
- 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
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