Share This Listing

Message

933 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

112 S. Main st - Little Rockies Senior Living 16,414 SF Health Care Building Offered at $850,000 at a 6.15% Cap Rate in Harlem, MT 59526

Save this listing!

Favorite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Welcome to 112 S. Main St, a charming apartment complex that offers the perfect blend of comfort, convenience, and community living. This well-maintained property features 17 units, including 13 cozy 1-bed, 1-bath apartments and 4 spacious 2-bed, 1-bath units, spread across 16,000 square feet.
Security and privacy are top priorities here, with key-only entry ensuring peace of mind for all residents. Each unit is equipped with efficient boiler heating and window AC units, creating a comfortable living environment year-round. The apartments come with full kitchens, making meal preparation a breeze, and the building is equipped with a large commercial kitchen space, ideal for a business opportunity or potential community events.
One of the standout features of this complex is the private courtyard—a tranquil retreat for residents to relax, unwind, or enjoy a sunny afternoon. With two onsite laundry facilities, tenants have the convenience of doing their laundry without leaving the building, adding an extra layer of comfort to their living experience.
Located in the quiet town of Harlem, MT this building is in a great location and is just a short walk from local shops, eateries, and a nearby bank, ensuring that daily errands are easily managed. Additionally, the nearby park and community pool provide excellent opportunities for outdoor recreation and socializing.
This property offers an attractive investment opportunity with strong appeal for potential tenants, thanks to its prime location, thoughtful amenities, and secure environment. Whether you're looking to expand your portfolio or find a long-term, stable investment, 112 S. Main St stands out as a smart choice.

PROPERTY FACTS

Price $850,000
Price Per Bed $50,000
Sale Type Investment
Cap Rate 6.15%
Property Type Health Care
Property Subtype Congregate Senior Housing
Building Class B
Lot Size 0.60 AC
Building Size 16,414 SF
No. Beds 17
No. Stories 1
Year Built 1998
Parking Ratio 1.58/1,000 SF
Zoning 5

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-4449-18-1-08-04-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$530,200
  • Listing ID: 32786478

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 112 S. Main st, Harlem, MT 59526

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}