20 3rd St N | Great Falls, MT 59401
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20 3rd St N
Great Falls, MT 59401
Rainbow Senior Living · Health Care Property For Sale
·
106 Beds
INVESTMENT HIGHLIGHTS
- 106 Units/ Beds w/ Large Size Units
- The community offers upside opportunity upon improving the physical asset, increasing rents and stabilizing the occupancy
- Included with the sale are 3 vacant retail spaces
- The population (age 75 and up) within a 10-mile radius of Rainbow Senior Living is forecasted to grow approximately 4.7% over the next five years
- Proforma EBITDAR of $1,167,531 at 93% occupancy with a 32.5% operating margin
- Downtown Great Falls Location w/ Proximity to Shopping and Dining
PROPERTY FACTS
| Property Type | Health Care | No. Beds | 106 |
| Property Subtype | No. Stories | 5 | |
| Building Class | C | Year Built/Renovated | 1911/1998 |
| Lot Size | 1.21 AC | Parking Ratio | 0.8/1,000 SF |
| Building Size | 93,190 SF | ||
| Zoning | CU | ||
| Property Type | Health Care |
| Property Subtype | |
| Building Class | C |
| Lot Size | 1.21 AC |
| Building Size | 93,190 SF |
| No. Beds | 106 |
| No. Stories | 5 |
| Year Built/Renovated | 1911/1998 |
| Parking Ratio | 0.8/1,000 SF |
| Zoning | CU |
ROOM MIX INFORMATION
| DESCRIPTION | NO. BEDS |
|---|---|
| Studio | 31 |
| 1 Bedroom | 67 |
| 2 Bedroom | 8 |
| Retail Area | 0 |
PROPERTY TAXES
| Parcel Number | 02-3015-12-2-19-10-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,309,430 |
PROPERTY TAXES
Parcel Number
02-3015-12-2-19-10-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,309,430
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