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$3,200,000

For Sale

4 months ago

201 9Th Ave Nw, Sidney, MT

House

MLS® 30062075

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $17,275
Days Active 107
Lot Size 
Approx. Age 2013
MLS® Number 30062075

Property Address: 201 9th Ave Nw, Sidney, MT, 59270-3752

Average square foot calculated using Size range provided by listing agent.

Description

A turnkey 20- Unit value-add opportunity for commercial investors and 1031 prospects. This 20-unit garden-style apartment complex presents immediate cash flow with upside through strategic renovations and stabilized NOI growth, supported by a growing regional housing demand and nearby commercial development. Current Gross Potential Rent (GPR): 19 x $1, 050 = $19, 950 per month Unit 206: $1, 350 per month Total Monthly Gross Rent: $21, 300 Annual Gross Revenue (current): $21, 300 x 12 = $255, 600 NOI (current): 0.65 x $255, 600 = $165, 660 Cap Rate: 5.25% 2-Year RenovationPlan (Proforma) Renovation Plan: Renovate all 20 units to the standard of Unit 206 Renovated Rent (all units): $1, 600 per unit/month Projected Gross Revenue: 20 x $1, 600 = $32, 000 Annual Gross Revenue: $32, 000 x 12 = $384, 000 NOI (future): 0.65 x $384, 000 = $249, 600 Cap Rate Assumption: 5.25% Implied value based on NOI: Value = NOI / Cap Rate = $249, 600 / 0.0525 ˜ $4, 760, 000
MLS® Number30062075
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2013
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 19, 2025List Date
$3,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
201 9Th Ave Nw, Sidney, MT

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