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301 Spring Street 301 Spring St 4 Unit Apartment Building $1,799,000 ($449,750/Unit) 9% Cap Rate Gardiner, MT 59030
INVESTMENT HIGHLIGHTS
- Vacation Rental
- Immaculate and fully furnished units
- Just outside Yellowstone National Park
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $1,799,000 | Property Subtype | Apartment |
| Price Per Unit | $449,750 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 9% | Building Size | 4,000 SF |
| Sale Condition | Business Value Included | No. Stories | 2 |
| No. Units | 4 | Year Built | 2020 |
| Property Type | Multifamily | ||
| Zoning | None | ||
| Price | $1,799,000 |
| Price Per Unit | $449,750 |
| Sale Type | Investment |
| Cap Rate | 9% |
| Sale Condition | Business Value Included |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 4,000 SF |
| No. Stories | 2 |
| Year Built | 2020 |
| Zoning | None |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Eat-in Kitchen
- Kitchen
- Oven
- Tub/Shower
- Double Pane Windows
- Freezer
ABOUT 301 SPRING ST , GARDINER, MT 59030
Successful vacation rental business just outside of Yellowstone National Park. Built in 2020, these turnkey apartments are immaculate and well designed. Each of the two bedroom, one full bath units features higher end finishes, in unit laundry, and comes completely and tastefully furnished including all appliances. One of the ground units is barrier free and ADA compliant with dedicated handicapped parking, and all feature extra wide doorways and single level living. Just steps from the Yellowstone River, Roosevelt Arch, and the north entrance to Yellowstone (the only year round entrance) this property is situated perfectly to access the area's many amenities in every season. There is the potential to build additional units on the lot while still maintaining adequate parking.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 49-0169-23-4-69-31-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,068,500 |
PROPERTY TAXES
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301 Spring Street | 301 Spring St
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