806 3rd St NW
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806 3rd St NW
36 Unit Block of Flats £1,879,137 (£52,198/Unit) Sidney, MT 59270
Executive Summary
This 36-unit apartment complex, now under new management, offers an impressive 93% occupancy rate and potential for a desirable increase in Cap Rate, making it an excellent investment opportunity. The property comprises a mix of 3-bedroom/1-bath, 2-bedroom/1-bath, 1-bedroom/1-bath, and studio apartments across four 3-story buildings with 16 garages. Built in 2016 on 1.267 acres, these luxury units feature granite countertops, efficient hot water heating, wall AC units, and in-unit washers/dryers. The rental income is fabulous, providing a steady and attractive return on investment. Located in Sidney, MT, the county seat of Richland County, this property is strategically positioned near major employers and amenities. This complex not only provides high-quality living spaces but also represents a promising investment with its strong occupancy and growth potential under new management. Call Burke Tyree , or your real estate professional.
Property Facts
| Price | £1,879,137 | Apartment Style | Garden |
| Price Per Unit | £52,198 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.25 AC |
| No. Units | 36 | Building Size | 55,191 SF |
| Property Type | Residential | Number of Floors | 3 |
| Property Subtype | Apartment | Year Built | 2016 |
| Price | £1,879,137 |
| Price Per Unit | £52,198 |
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.25 AC |
| Building Size | 55,191 SF |
| Number of Floors | 3 |
| Year Built | 2016 |
Unit Amenities
- Air Conditioning
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
| 1+1 | 12 | - | - |
| 2+1 | 12 | - | - |
| 3+1 | 6 | - | - |
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PROPERTY TAXES
| Parcel Number | 27344429405070000 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £1,233,149 |
PROPERTY TAXES
Parcel Number
27344429405070000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,233,149
zoning
| Zoning Code | B1 (Highway Commercial Buisness) |
| B1 (Highway Commercial Buisness) |
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806 3rd St NW
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