Listed by SVN PureWest Commercial Real Estate.
$925,000
519 Palmer St
Details
Property Type Multifamily, Office
Sub Type Executive Office, Apartment Building
Square Footage 2,608
Units 6
Class B
Year Built 1888
Multifamily | 6 Units
Marketing description
Discover a rare and turnkey investment package in the heart of Miles City—ideal for investors seeking stable cash flow, proven management systems, and long-term growth potential. This offering includes a fully leased 6-unit multifamily building, two additional income-producing RV spaces, and a highly successful property management company overseeing 412 contracted units. This business is fully operational with existing systems, experienced staff, and long-standing client relationships—ready for seamless transition to new ownership. The combination of physical real estate and a thriving service-based business makes this a uniquely robust and recession-resilient investment.
Located in Miles City, Montana, this property benefits from strong rental demand, a stable regional economy, and excellent proximity to community amenities, employers, and services.
Located in Miles City near Interstate 94, easy access to all amenities in Miles City.
Investment highlights
- 6-unit multifamily building with two additional income-producing RV spaces.
- Apartment building features consistent rental history and well-maintained units, providing immediate, reliable income.
- Two RV spaces offer additional flexibility and year-round occupancy potential, adding to the property’s diverse revenue stream.
- Well-established property management company with contracts on 412 units.
- Business is being sold under value with apartment building valued at 7 CAP.
Listing Contacts
Listed by SVN PureWest Commercial Real Estate.
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