Listed by Coldwell Banker Commercial CBS
$199,000
313 Sheridan Ave, Plentywood
Details
Property Type Multifamily
Sub Type Apartment Building
Units 5
Cap Rate 11.1%
NOI $22,090
Occupancy 95%
Class B
Year Built 1948
Year Renovated 2010
Buildings 1
Acreage 0.381
Zoning Outside City Limits
Investment Type Value Add
Ground Lease No
5 Unit Apartment Complex for Sale in Plentywood, MT
Marketing description
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.
*313 Sheridan Ave, Plentywood, MT
*5 Unit Apartment Complex for Sale
*Price Reduced to $199,000
*3,592 SF Building
*0.318 Acres of Land
*Built 1948/Remodeled 2010
*5 Units Rented @ $600/mo
*Tenants Pay Electric
*NOI = $22,090/yr
*Cap Rate = 11.1%
Listing Contacts
Listed by Coldwell Banker Commercial CBS
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$22,090.00
$1,840.83/mo
Valuation Metrics
0
DSCR
11.1%
Cap Rate
11.1%
ROI
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