For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

2388 Shorthorn Ave Helena, MT 59602

Sponsored
For Sale
$7,500,000

75-Unit Condo Project, High ROI Potential

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional 75-unit condominium development presents a lucrative investment opportunity in Helena, Montana. Currently featuring 12 completed, income-generating two-bedroom units, this project is fully entitled for an additional 63 units, all with in-unit laundry hookups. The attractive triplex layout of each unit ensures comfort and style, appealing to a wide range of tenants. Situated on a 2.11-acre lot at 2388 Shorthorn Avenue, the property benefits from a prime location near shopping, interstate access, and recreational amenities. The existing 12 units provide immediate cash flow while the remaining units are developed, maximizing return on investment. This turnkey project offers a unique chance to capitalize on the strong Helena real estate market and the high demand for quality rental housing. The development is fully permitted and ready for immediate expansion, offering a streamlined path to completion. The existing units are in new condition and recently placed on the rental market. This is a rare opportunity to acquire a substantial, high-potential multi-family development in a desirable location. The project's strategic location and well-designed units promise strong occupancy rates and consistent rental income. The existing infrastructure and fully approved plans minimize development risk and accelerate the path to profitability. This is an ideal investment for those seeking a high-yield, low-risk opportunity in the thriving Helena market. The asking price is $7,500,000.

Property Features for 2388 Shorthorn Ave

General Information

Property type
Other commercial real estate
Lot Size
91,912 SF

Building Details

Year Built
2024

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Helena
County
Lewis and Clark
State
Montana
Longitude
-111.9975
Latitude
46.61768

FAQs

What type of property is this?
Commercial real estate - 75-Unit Condo Project, High ROI Potential
Where is this commercial real estate located?
The property is located at 2388 Shorthorn Ave Helena, MT.
What is the asking price?
The asking price for this property is $7,500,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message