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33316455
33316454

607 Professional Drive Unit 4, Bozeman, MT 59718

MR
MT RRE-BRO-LIC-79158, WA (+1)
Starner Commercial Real Estate
Listed by Starner Commercial Real Estate
$1,100,000
0 days on market
Updated 0 days ago

607 Professional Drive Unit 4

Details
Property Type Multifamily
Sub Type Student Housing, Apartment Building
Square Footage 3,245
Occupancy 100%
Class B
Year Built 2003
Lot Size (SqFt) 16,829
Zoning B2
Ground Lease No
Ownership Story
Sale Condition 1031 exchange

100% Leased Fourplex

Marketing description

Centrally located in the City of Bozeman, this fully occupied four-unit multifamily property offers a proven history of strong rental performance and stable cash flow. The property consists of two 2-bedroom/1-bath units, one 2-bedroom/2-bath unit, and one 1-bedroom/1-bath unit, providing a desirable mix of unit types for tenants. Well maintained with no known deferred maintenance, the property features updated carpet and appliances throughout, reflecting pride of ownership. Located on the second floor above ground-floor commercial space, the property is condominiumized, with all four apartments comprising Unit 4 of the condominium association. Each apartment is separately metered, served by city water and sewer, and features natural gas forced-air heating, air conditioning, and private in-unit laundry. Designed for low-maintenance ownership, the building offers cement board siding, a metal roof, underground irrigation, and professional property management. The Owner’s Association covers lawn care, snow removal, garbage service, and other common area expenses, providing additional convenience and peace of mind for ownership. Conveniently situated near Montana State University, shopping, restaurants, public transportation, and other amenities, this investment presents an attractive opportunity to acquire a stabilized multifamily asset in one of Bozeman's most desirable and established neighborhoods.

Investment highlights

  • Fully occupied four-unit multifamily property with strong cash flow and proven rental history
  • Diverse unit mix featuring three 2-bedroom units and one 1-bedroom unit
  • Low-maintenance investment with updated interiors, private laundry, A/C, and individually metered utilities
  • Centrally located in Bozeman near Montana State University, shopping, dining, and public transportation

Listing Contacts

MR
MT RRE-BRO-LIC-79158, WA (+1)
Starner Commercial Real Estate
Listed by Starner Commercial Real Estate

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