229 2nd Avenue$2,995,000
, MT
0.92 ACRE
$2,995,000
Property Details
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0.92
ACRE
Description
Introducing the Springhill Apartments, where breathtaking views of the Rocky Mountain Front meet a rock-solid investment opportunity. In the heart of Cut Bank, Montana—a town where rental demand consistently outpaces supply—this 35-unit gem stands out as a premier housing choice. Springhill has been thoughtfully reimagined with a suite of comprehensive renovations. You’ll find a refreshed lobby, modern flooring, and updated laundry facilities, all secured by a top-tier camera system. Outside, the property shines with lush new sod, a vibrant playground, and inviting dog parks that make tenants feel right at home. Beyond the aesthetics, the "heavy lifting" is already done: new gas water heaters, plumbing, and electrical updates are all in place. With a dedicated Rental Compliance Manager already driving record-high collections and a doubled rent roll, this is a rare chance to step into a stabilized, low-risk property that delivers from day one.PRICE
$2,995,000
FEATURES
- MLS #: 408763
- Lot: 39,900.96 sqft
- Multi-Family
- Built in 1971
- Heating: Forced Air