115 E Gallatin A-202, Manhattan, MT 59741
Gray-shell condo in Manhattan's Central Business District, ready for customization.
- Added:
- May 12, 2024
- Days on Market:
- 767
- Last Refresh:
- May 13 at 8:21 pm
Property Features for 115 E Gallatin A-202
General Information
- Standard status
- Active
- Size
- 1,864 SF
- Property subtype
- Condo
Building Details
- Year Built
- 2006
Listing agent Bozeman Brokers
Listing office (406) 587-5900
Listing date May 12, 2024
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Bozeman Brokers
HighLights
- Prime location in Manhattan's Central Business District.
- Versatile gray‑shell commercial condo allowing for custom design.
- Unique corner unit with great views and cathedral‑height ceiling.
- Zoned for a wide range of commercial uses.
- Part of the Manhattan Town Center complex with elevator access and courtyard.
- Built in 2006 with central air and gas heating.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.1k | $21.00 |
| − Vacancy | −$2.6k | −$1.39 |
| EGI | $36.6k | $19.61 |
| − OpEx | −$9.1k | −$4.90 |
| NOI | $27.4k | $14.71 |
Alternative Uses
Current Use by Public Records
Map
- City
- Manhattan
- County
- Gallatin
- State
- Montana
- Longitude
- -111.348
- Latitude
- 45.7517
