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- LoopNet Team
400 Lincoln Ave NW
Sidney, MT 59270
Pheasant Run Apartments · Multifamily Property For Sale
·
112 Units
INVESTMENT HIGHLIGHTS
- Newer constructed apartment community in a market that has not had new supply since the 1980s
- High occupancy rate
- Strong investment in oil and gas market with high housing demand
PROPERTY FACTS
| No. Units | 112 | Building Size | 121,372 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2014 |
| Building Class | C | Parking Ratio | 2.64/1,000 SF |
| Lot Size | 8.13 AC | ||
| Zoning | MF | ||
| No. Units | 112 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 8.13 AC |
| Building Size | 121,372 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 2014 |
| Parking Ratio | 2.64/1,000 SF |
| Zoning | MF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Freezer
- Island Kitchen
- Smoke Free
- Wheelchair Accessible (Rooms)
- Window Coverings
SITE AMENITIES
- Controlled Access
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Video Patrol
- Furnished Units Available
- Laundry Service
- Maintenance on site
- Multi Use Room
ABOUT 400 LINCOLN AVE NW , SIDNEY, MT 59270
INVESTMENT SALE: CALL FOR PRICING 112-unit two-story apartment community totaling 99,176 RSF and 121,372 GBA across two buildings Building A contains 54 units and totals 46,868 RSF/57,036 GBA; Building B contains 58 units and totals 53,592 RSF/64,336 GBA Apartment layouts include 1 bed/1 bath (26), 2 bed/2 bath (70) and 3 bed/2 bath (16) Situated on an 8.13 +/- AC 11.21 AC of zoned and entitled expansion land available separately Community amenities include: 24-hour fitness center; Community rooms; Controlled access; Garage units; Laundry facilities Unit amenities include: Modern layouts; Walk-in closets; Kitchen islands; Window coverings; High-speed internet; Smoke free Built in 2014 Parking totals 321 spaces (106 single-car garages and 215 surface spaces) Ideally situated at the corner of Lincoln Avenue NW and 6th Street NW in Sidney, MT near to area schools, parks, shopping, and highways Sidney is located in the heart of Bakken oil and gas activity, a market with high housing demand for professionals and families working in the petroleum industry Current occupancy is 96.4% making this a strong investment for sustained returns
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 26 | - | - |
| 2+2 | 70 | - | - |
| 3+2 | 16 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $7,706,300 |
PROPERTY TAXES
