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204 Colorado Blvd
Glendive, MT 59330
The Plainview Apartments · Multifamily Property For Sale · 44 Units

INVESTMENT HIGHLIGHTS

  • 44 total units, Built in 2014
  • Individually metered for electricity and individual washers and dryers
  • Easy access to I-94
  • Attractive unit mix: 36 2x2 1,000 SF units and 8 3x2 1,200 SF units, 14 single car garages
  • Property amenities include dedicated leasing office, 43 outside parking spaces with electrical plugins. Overflow parking is also available.
  • Glendive is entering into a strong rental market, currently 100% occupied

PROPERTY FACTS

No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 2.00 AC
Building Size 51,000 SF
Average Occupancy 100%
No. Stories 2
Year Built 2014
Parking Ratio 1.12/1,000 SF
Zoning Commercial

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Linen Closet
  • Vinyl Flooring

SITE AMENITIES

  • Property Manager on Site
  • Trash Pickup - Curbside

ABOUT 204 COLORADO BLVD , GLENDIVE, MT 59330

The Plainview Apartments, in Glendive Montana, is a two-building apartment complex of approximately 51,000 total square feet on 2.0 acres. The property was constructed in two phases – Phase I was a 24-unit building completed in April of 2012 and Phase II was a 20-unit building completed in October of 2014. Both buildings are constructed using concrete foundations, wood frame, insulated windows, pre-finished wood siding, masonry wainscot, fully fire sprinklered and asphalt shingle roofing. The buildings are well built with minimal repairs and maintenance needed since the completion of construction. The complex offers 8 three-bedroom units and 36 two-bedroom units. The three-bedroom floorplans are approximately 1,200 SF each and the two-bedroom floorplans total approximately 1,100 SF each. Each unit has separate gas and electric utility meters that the tenants pay directly. Each unit also has its own washer & dryer. All units are equipped with two full bathrooms and the bedrooms have walk-in closets. Utility costs are substantially less than competing properties due to new and better-quality construction and insulation. There are 14 single car garages available for rent, plus 43 outside parking spaces with electrical plugins for automobile block heaters during the winter months. Overflow parking is available across the street at the Glendive Fairgrounds.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 36 - -
3+2 8 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-2612-24-1-04-02-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,581,600
  • Listing ID: 17014783

  • Date on Market: 8/23/2019

  • Last Updated:

  • Address: 204 Colorado Blvd, Glendive, MT 59330

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