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Apartment Complex For Sale In Glendive, Montana

$ 289,000
117 South Sargent Ave, ,
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Drastically Reduced!! For serious investors only! Must be able to close quickly!! Great Investment opportunity in the Bakken Oilfield!! This recently updated and remodeled apartment complex has 7 units which produce$4500-$6500 a month. This apartment complex has 1 – studio apartment, 3 – one bedroom, one bath units, 2 two bedroom, 1 bath units and 1 – 2/3 bedroom 2 bath unit. Included in sale is the refrigerator and stove in each unit and washer & dryer in laundry. Recently became fully occupied. This building has a new roof, updated plumbing, electrical, and 4 of the units were newly constructed in the past 4 years. This 4700 sq' property is zoned commercial and sits on a 7500 sq' lot which provides off street parking. Included with the sale is the website www.GlendiveRentals.com which not only provides advertising for the apartments but allows potential tenants to apply online and current residence to conveniently pay on line. This is a great opportunity to invest in a turn key business that is priced to sell and will produce substantially more when oil prices increase making this the perfect time to invest when the market is low. Local management is in place and would be willing to continue or this would make a great opportunity for a live in owner. Contact us today to tour this property. Financials available for qualified buyers. 


Please note: if you want to live in one of the units, this is a once-in-a-lifetime opportunity make PURE PROFIT on your mortgage payment. (E.g., if your monthly payment is $1800, and avg. monthly rent income is $3800, you are left with a healthy $2000 of disposable extra monthly passive income, on top of your mortgage being covered, month after month. )

All figures are +/-. Information is deemed reliable but not guaranteed as information was provided from owner and 3rd party sources and has not been verified.

PROPERTY FEATURES:
Apartment Complex For Sale
Commercial Business For Sale
7 Unit Apartment Complex
Investment Opportunity
Turnkey Business For Sale
Located In Bakken Oilfield
117 South Sargent
Glendive, Montana 59330

Address: 117 South Sargent Ave
City:
State:
Zip: 59330
Country: United States
Property Id : 111665
Price: $ 289,000
Bedrooms: 10
Bathrooms: 11
Listing #: 25061-00355
Lot Size (AC): 7500
Property Building Size (SF): 4700
Year Built: 1909
Office ID: 3399
Listing Agent

Kjelstrup, Lisa

United Country - Montana-Dakota Real Estate LLC

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