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13011 Cottonwood Rd 4 Unit Apartment Building Offered at $1,800,000 at a 4.85% Cap Rate Bozeman, MT 59718



Investment Highlights
- Absolutely Stunning South Bozeman Location
- No zoning, no covenants!
- Truly one of a kind, special property
Executive Summary
Property is 2.477 Acres on majestic S. Cottonwood Road, south of Bozeman - surrounded by multi million dollar properties and ranches in every direction. Property has 4 rental units.
1. 4 bd, 3 bath home. Built in 1972 and completely remodeled in 2016. 2203 sq ft. Attached 2 Car Garge
2. 3 bd, 2 bath home. Built in 2016; 1954 sq ft. - Has Carport Shelter with Storage Room
3. 3 bd, 2 bath home. Built in 2016; 1560 sq. ft. Has Carport Shelter with Storage Room
4. Shop; Built in 2025. Measures 40x50; 2000 sq. ft. (originally built in 1970. Completely rebuilt 2025). Shop is plumbed for a bathroom but it is not built.
Each unit, including shop, have their own electric meter, bill & propane tank - so each tenant pays their own bill.
Truly one of a kind rental property in the most beautiful area of Bozeman. 3 Completely Separate Homes with private yards and One shop building all located on 2.47 magical, park like acres in Bozeman. Call, text or email me with any questions or for more details. Because the homes/buildings are all private/separated homes and buildings, each tenant is responsible for their own area and it's expenses. This helps keep operating expenses very low.
406-581-2015 lauriebennett10@gmail.com
I am a owner/seller. I am offering compensation to cooperating brokers so call me for details.
1. 4 bd, 3 bath home. Built in 1972 and completely remodeled in 2016. 2203 sq ft. Attached 2 Car Garge
2. 3 bd, 2 bath home. Built in 2016; 1954 sq ft. - Has Carport Shelter with Storage Room
3. 3 bd, 2 bath home. Built in 2016; 1560 sq. ft. Has Carport Shelter with Storage Room
4. Shop; Built in 2025. Measures 40x50; 2000 sq. ft. (originally built in 1970. Completely rebuilt 2025). Shop is plumbed for a bathroom but it is not built.
Each unit, including shop, have their own electric meter, bill & propane tank - so each tenant pays their own bill.
Truly one of a kind rental property in the most beautiful area of Bozeman. 3 Completely Separate Homes with private yards and One shop building all located on 2.47 magical, park like acres in Bozeman. Call, text or email me with any questions or for more details. Because the homes/buildings are all private/separated homes and buildings, each tenant is responsible for their own area and it's expenses. This helps keep operating expenses very low.
406-581-2015 lauriebennett10@gmail.com
I am a owner/seller. I am offering compensation to cooperating brokers so call me for details.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$113,400
|
$14.69
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$113,400
|
$14.69
|
| Taxes |
$5,923
|
$0.77
|
| Operating Expenses |
$18,887
|
$2.45
|
| Total Expenses |
$24,810
|
$3.21
|
| Net Operating Income |
$88,590
|
$11.48
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $113,400 |
| Annual Per SF | $14.69 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $113,400 |
| Annual Per SF | $14.69 |
| Taxes | |
|---|---|
| Annual | $5,923 |
| Annual Per SF | $0.77 |
| Operating Expenses | |
|---|---|
| Annual | $18,887 |
| Annual Per SF | $2.45 |
| Total Expenses | |
|---|---|
| Annual | $24,810 |
| Annual Per SF | $3.21 |
| Net Operating Income | |
|---|---|
| Annual | $88,590 |
| Annual Per SF | $11.48 |
Property Facts
Amenities
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 1 | $3,900 | 2,203 |
| 3+2 | 1 | $2,112 | 1,560 - 1,954 |
| Studios | 1 | $1,000 | 2,000 |
| 3+2 | 1 | $2,112 | 1,954 |
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13011 Cottonwood Rd
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