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Property profile & analytics
OFF-MARKET
Assisted living facilities

20 3rd W St Havre, MT 59501-3570

58,060 SF 3.2 ac lot Built 1971
Individually Owned 14-yr Hold Free & Clear
Property ID
US52-0557848
Property summary
AI-generated overview

Eagles Manor, a 5-story, 58,060+/- sq ft brick assisted living facility in Havre, MT, presents a compelling investment opportunity. This 88-unit property sits on a 3.19-acre lot and boasts a 100% occupancy rate with a waiting list, indicating strong demand. The building features a mix of studio, one-bedroom, and deluxe apartments, all equipped with a bathroom, kitchenette (including electric cooktop, sink, and refrigerator), hot water heat, and central air conditioning. Forty units are HUD-approved. Resident amenities include elevators servicing all five floors and lounge areas on each floor. A spacious 3,950 sq ft cafeteria on the second floor provides daily meals. The property also includes a landscaped courtyard featuring lawn, trees, and flowers. Recent capital improvements include a new roof and an upgraded hot water heating system. Current rents are below market, offering significant potential for increased profitability through future rent stabilization. All furniture, fixtures, and equipment (FF&E) are included in the sale. This turnkey operation is priced at $2,200,000.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1971
Construction WOOD
Total area 58,060 SF
Lot 3.2 ac (139,261 SF)
Zoning code COM INTERMEDIATE
APN 12-4441-08-2-01-01-0000
UPID US52-0557848
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Skinner E Law Firm
  • A Cut Above Beauty Salon Hair Salon Nail Salon
  • Havre Eagles Manor Charitable Organization Social Service Agency
  • Kustom PCs and Repair Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kyler S Lake · 14 yrs held
Kyler S Lake
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
COM INTERMEDIATE · Havre, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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