800 3rd Street SW Sidney, MT 59270
This 36-unit apartment complex, now under new management, offers an impressive 93% occupancy rate and potential for a desirable increase in Cap Rate, making it an excellent investment opportunity. The property comprises a mix of 3-bedroom/1-bath, 2-bedroom/1-bath, 1-bedroom/1-bath, and studio apartments across four 3-story buildings with 16 garages. Built in 2016 on 1.267 acres, these luxury units feature granite countertops, efficient hot water heating, wall AC units, and in-unit washers/dryers. The rental income is fabulous, providing a steady and attractive return on investment. Located in Sidney, MT, the county seat of Richland County, this property is strategically positioned near major employers and amenities. This complex not only provides high-quality living spaces but also represents a promising investment with its strong occupancy and growth potential under new management. Call Burke Tyree at 406-453-2000, or your real estate professional.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyRichland
- Taxes$25,482
- HOA/Condo/Coop Fees$0
- Days on Site50 Days
- MLS StatusActive
- MLS ID Number30031611
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Modern
- Acreage 0
- Property Sub Type Apartment
- Garage Spaces 16
- Foundation Slab
- Listing Conditions Standard
Interior Features
- Fireplace No
Exterior Features
- Waterfront Property No
Community Features
- Senior Community No