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    20 3Rd St Havre, MT 59501

    Sponsored
    For Sale
    $2,200,000

    88-Unit Assisted Living, High Occupancy

    Property size:
    58,060 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    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 Features for 20 3Rd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    58,060 SF
    Lot Size
    138,956 SF

    Building Details

    Year Built
    1971
    Property Profile Location Intelligence

    Current Use by Public Records

    Skinner E Attorney A Cut Above Beauty ... Beauty Salon Havre Eagles Manor Non-Profit Organization Kustom PCs and Repair Computer Repair Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Havre
    County
    Hill
    State
    Montana
    Longitude
    -109.6843
    Latitude
    48.55146

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    FAQs

    What type of property is this?
    Commercial real estate - 88-Unit Assisted Living, High Occupancy
    Where is this commercial real estate located?
    The property is located at 20 3Rd St Havre, MT.
    What is the asking price?
    The asking price for this property is $2,200,000.
    (406) 677-3000
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    20 3Rd St Havre, MT 59501
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    Havre, MT 59501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 3Rd St Havre, MT 59501
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