www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34232765
34232764

714 N Cottage Grv, Miles City, MT 59301

MK
MT RRE-RBS-LIC-71404
SVN PureWest Commercial Real Estate.
Listed by SVN PureWest Commercial Real Estate.
$769,000
4 days on market
Updated 4 days ago
Opportunity zone

714 N Cottage Grv

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,018
Units 11
Occupancy 90%
Tenancy Multi
Year Built 1897
Investment Type Value Add

Multifamily | 11 Units

Marketing description

11-Unit Multifamily Investment Opportunity | Miles City, Montana

Position your portfolio for long-term growth with this 11-unit multifamily investment property in Miles City, Montana. Currently operating at approximately 90% occupancy, the property offers strong in-place cash flow while presenting additional upside through lease-up of the remaining vacancy and future operational enhancements.

This apartment building provides investors with scale, diversification, and stability through multiple income-producing units in a market supported by consistent workforce housing demand. The property's occupancy history and established tenant base create an attractive foundation for investors seeking reliable income with the potential for increased returns.

Located within one of Eastern Montana's primary economic and service centers, the property benefits from proximity to healthcare, education, government, retail, and agricultural employment sectors. The combination of current occupancy, rental demand, and future value-add potential makes this asset well-suited for both experienced multifamily investors and those seeking to expand their income-producing real estate holdings.

Whether your strategy is stable cash flow, portfolio diversification, or long-term appreciation, this 11-unit apartment community offers a compelling opportunity in a growing regional market.

Situated in Miles City, MT, this multifamily property benefits from the city's position as the commercial, healthcare, and service center for a large portion of Eastern Montana. Miles City serves as a regional hub for surrounding communities, supporting a stable economic base driven by healthcare, agriculture, education, government services, transportation, and retail trade.


Investment highlights

  • 11-unit multifamily apartment building
  • Approximately 90% occupied with immediate cash flow
  • Value-add opportunity through lease-up of remaining vacancy
  • Stable income-producing asset in an established rental market
  • Diversified revenue stream across eleven residential units
  • Strong workforce housing demand supports occupancy
  • Existing tenant base provides operational stability
  • Opportunity to increase NOI through occupancy optimization and rent growth
  • Scalable multifamily investment with professional management potential
  • Attractive asset for investors seeking cash flow and long-term appreciation
  • Located in the regional trade center of Eastern Montana
  • Convenient access to major employers, healthcare facilities, schools, and retail amenities
  • Well-positioned for portfolio expansion or long-term hold strategy

Listing Contacts

MK
MT RRE-RBS-LIC-71404
SVN PureWest Commercial Real Estate.
Listed by SVN PureWest Commercial Real Estate.

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
RA ResidentialSingle FamilyResidential Single Family To Fourplex
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 14 uses
View all 14 uses
Last updated Apr 30, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Megan Koontz
License
RRE-RBS-LIC-71404
Brokerage Phone
406-871-2567
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591