720, 724, 728 E 2nd Avenue N, Columbus, MT 59019
- $1,000,000
- List Price
- $1,000,000
- Status
- ACTIVE
- MLS#
- 361302
- Subtype
- Residential
- Style
- Two Story
- Year Built
- 1975
- Lot Size
- 26,005
- Acres
- 0.60
- Subdivision
- Lavelle Add
- MLS Area Major
- (12) Columbus; Absarokee; Nye; Big Timber; Reed Point; Rapelje
Property Description
Exceptional opportunity to acquire Sage Apartments, an established 12-unit multifamily community in Columbus, Montana. This income-producing property offers a strong rental history and the opportunity to invest in affordable housing in a growing Montana community. The property operates within the USDA Rural Development affordable housing program and is subject to applicable RD requirements and restrictions. Residents benefit from an established rental assistance and affordability structure, while tenants are responsible for their individual utilities. The property is an attractive opportunity for investors seeking a stabilized multifamily asset. Investment and financial information available to qualified buyers. Buyer to independently verify all financial information, USDA Rural Development requirements, transfer provisions, rental assistance, and continued affordability obligations.
Additional Information
- Exterior Features
- Sprinkler/Irrigation
- Taxes
- $3,932
- Property Description
- Two Story
- Heating
- Hot Water
- Air Conditioning
- Wall Unit(s)
- Stories
- 1
- Parking Features
- Additional Parking
- Elementary School
- Columbus
- Middle School
- Columbus
- High School
- Columbus
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Listing courtesy of Hannah Reno from Keller Williams Yellowstone Pr