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313 Sheridan St 5 Unit Apartment Building $199,000 ($39,800/Unit) 11.65% Cap Rate Plentywood, MT 59254
INVESTMENT HIGHLIGHTS
- 100% Occupied Units
- New Roof & Recently Redone Electric and Plumbing
- Laundry Facilities Onsite
EXECUTIVE SUMMARY
*313 Sheridan Ave, Plentywood, MT
*5 Unit Apartment Complex for Sale
*Price Reduced to $199,000
*3,592 SF Building
*0.318 Acres of Land
*Built 1948/Remodeled 2010
*5 Units Rented @ $600/mo
*Tenants Pay Electric
*NOI = $23,186/yr
*Cap Rate = 11.65%
Well maintained 5 plex in Plentywood, MT for sale. Currently 100% occupied with 3 units on the main floor and 2 in the basement. Includes onsite laundry that is a free service to the tenants, but could be converted to coin-op. Electrical and plumbing in 5 plex has been completely redone. New roof in 2009.
*5 Unit Apartment Complex for Sale
*Price Reduced to $199,000
*3,592 SF Building
*0.318 Acres of Land
*Built 1948/Remodeled 2010
*5 Units Rented @ $600/mo
*Tenants Pay Electric
*NOI = $23,186/yr
*Cap Rate = 11.65%
Well maintained 5 plex in Plentywood, MT for sale. Currently 100% occupied with 3 units on the main floor and 2 in the basement. Includes onsite laundry that is a free service to the tenants, but could be converted to coin-op. Electrical and plumbing in 5 plex has been completely redone. New roof in 2009.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $199,000 | Apartment Style | Low-Rise |
| Price Per Unit | $39,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.38 AC |
| Cap Rate | 11.65% | Building Size | 3,592 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1948/2010 |
| Zoning | Outside City Limits | ||
| Price | $199,000 |
| Price Per Unit | $39,800 |
| Sale Type | Investment |
| Cap Rate | 11.65% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 3,592 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1948/2010 |
| Zoning | Outside City Limits |
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313 Sheridan St
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