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- LoopNet Team
312 E Raymond St
Glendive, MT 59330
Yellowstone Apartments · Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Strong Rental Market
- 12-unit Apartment Complex in Great Location
- 100% Occupied
- New in 2013
PROPERTY FACTS
| No. Units | 12 | Building Size | 10,248 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | No. Stories | 2 | |
| Building Class | C | Year Built | 2013 |
| Lot Size | 0.52 AC | ||
| Zoning | 3 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 10,248 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2013 |
| Zoning | 3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Yard
ABOUT 312 E RAYMOND ST , GLENDIVE, MT 59330
Built in 2013, the Yellowstone Apartments located in Glendive, MT, consists of 12 apartments divided into an 8-plex and a 4-plex on a 22,500 SF lot (.517 ac). Each unit is approximately 850 SF and has two bedrooms/one-bathroom, stackable W/D unit, wall AC, electric heat, stainless steel appliances, tiled shower surrounds, and a rear deck off bedroom. There are 12 off-street parking spots provided with electrical outlets for block heaters in the winter months and a yard area with a storage shed. Glendive has a strong rental market with an unemployment rate of 1.9% and the area's largest employers (health care/retail/public administration) are consistently hiring. Occupancy is currently at full capacity with an average monthly rent around $800, there are 6-month leases and the tenant pays for electric and owner pays for water, sewer and garbage. This apartment complex is conveniently located across from a city park which includes baseball fields, soccer fields, a splash park and playground equipment.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | $800.00 | 850 |
PROPERTY TAXES
| Parcel Number | 16-2612-35-4-14-01-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $883,100 |
PROPERTY TAXES
