100% OCCUPANCY 12-UNIT APARTMENT COMPLEX FOR SALE, GLENDIVE

800 S Sargent Ave, Glendive, Montana, 59330

Photos

* PENDING

$960,000

MLS: 25061-00638

0.5 Acres

6,832 SqFt

24 beds

12.0 baths

What You Should Know

  • 12 Units, 8-plex and 4-plex

  • 2 bedroom/1 bath 850 SF

  • W/D in Each Unit

  • Wall AC and Electric Heat

  • Off Street Parking

  • 22,500 SF lot (.517 acre)

  • Across from City Park

  • Apartment Complex for Sale

Why You'll Love It

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.

 

Where You'll Find It

  • Street Address: 800 S Sargent Ave
  • City: Glendive
  • State: Montana
  • County: Dawson

Video Tour

Lisa Kjelstrup

Associate Broker