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25788149
25788151

4633 King Avenue West, Billings, MT 59106

JC
CT
MT 119234
Metro Realtors
Listed by Metro Realtors
$1,990,000
314 days on market
Updated 13 days ago

4633 King Avenue West

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,864
Units 6
NOI $75,000
Occupancy 83%
Pro-Forma Cap Rate 4.25%
Price per SqFt $253
Year Built 2024
Acreage 1.841
Zoning NX2
Parking Spaces 1 per unit
Investment Type Owner/User

Multifamily | 6 Units

Marketing description

Brand new 6-plex in Ridgeline Subdivision on Billings’ West End, built by CB Built with an emphasis on quality and long-term value. This stunning property features high-end finishes and a well-balanced unit mix ideal for strong rental income: two 2 bed, 1 bath units; two 2 bed, 2 bath units; and two 3 bed, 2.5 bath units. Each unit offers thoughtful design, modern layouts, and upscale touches throughout. Located in a rapidly growing area close to shopping, dining, schools, and parks, this is a rare investment opportunity to own a beautifully constructed property in a prime location. Whether you're expanding your portfolio or seeking a low-maintenance asset, this 6-plex is built to impress and built to last.

Information per Yellowstone County. Buyer/Agent to verify. Taxes not yet spread for individual buildings. $150/month HOA for each unit. Four similar 6-plexes available, call Jim Bob or Cade for details. Listing agent is an owner of Ridgeline Subdivision, CB Built, and J2CK, LLC and is a licensed real estate agent in the State of Montana.

Call/text Jim Bob (406.671.0475) or Cade (406.839.6458) to show.

Listing Contacts

JC
CT
MT 119234
Metro Realtors
Listed by Metro Realtors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,000.00
$6,250.00/mo

Valuation Metrics

0
DSCR
3.77%
Cap Rate
3.77%
ROI

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Additional Information

Name
James Coleman
License
79063
Brokerage
Eames Real Estate LLC / Metro Realtors LLP
Brokerage Phone
(406) 245-9300
Title
Real Estate Sales Person
Brokerage Address
2029 Grand Avenue
Name
Cade Tyson
License
119234
Brokerage
Eames Real Estate LLC / Metro Realtors LLP
Brokerage Phone
4062459300
Title
Real Estate Salesperson
Brokerage Address
2029 Grand Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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