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Oe
Lolo, MT 59847
Lolo Fourplex · Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 3,750 SF
Average Occupancy 100%
No. Stories 2
Year Built 1976
Parking Ratio 1.6/1,000 SF
Zoning 1

About OE , LOLO, MT 59847

This fourplex is currently fully leased with great rental history. Current cap rate of 6.28% with below market rents with each 2bd/1ba unit renting from $550-$575/month. Lots of upside opportunity available with achieving market rent and addressing deferred maintenance or with a full remodel and re-rent. Three tenants are on month-to-month leases with the fourth tenant's lease expiring in April 2019.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $562.50 -

Property Taxes

Property Taxes

Parcel Number
04-2092-27-3-01-04-0000
Land Assessment
$452,620
Improvements Assessment
$135,380
Total Assessment
$588,000
  • Listing ID: 14778042

  • Date on Market: 1/5/2019

  • Last Updated:

  • Address: Oe, Lolo, MT 59847

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