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    115 N 7Th St Miles City, MT 59301

    For Sale
    $1,999,000

    Established property management company with building for sale in Montana.

    Property size:
    4,291 SF

    Property Features for 115 N 7Th St

    General Information

    Size
    4,291 SF

    Building Details

    Year built
    1918

    Source: Megan Koontz Agent Megan Koontz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Property Management Company & Building

    This is an opportunity to acquire a well-established and profitable property management company, along with a 4,291 square foot building. The building includes 7 units that are currently leased for commercial retail and multifamily use. The units can continue to be used for income generation or converted into office space. This turnkey operation features consistent rental income, a reliable tenant base, and streamlined management systems with contracts on 367 units. The property has a 6.69% CAP Rate on income producing asset. It is located in Miles City, Montana, conveniently situated off of Interstate 94. It offers immediate cash flow and growth potential, making it suitable for investors or entrepreneurs seeking entry into property management.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Ugly Mug Coffee Shop Recreation Lanes Bowling Alley

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Miles City
    County
    Custer
    State
    Montana
    Longitude
    -105.8507252
    Latitude
    46.4079469

    Nearby Similar for Sale

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    • $7,395,000
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      Miles City Multifamily Investment Portfolio

      Thriving property management business with nearly 100 units.
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    • $650,000
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      Multi-Family Property Near Downtown

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    • Contact for pricing
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    • $1,150,000
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      Retail Building on Main Street

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    FAQs

    What type of property is this?
    Apartment building - Established property management company with building for sale in Montana.
    Where is this apartment building located?
    The property is located at 115 N 7Th St Miles City, MT.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: - Established property management company with 367 units under contract provides immediate cash flow.; - **4,291 sqft building with 7 units (commercial/multifamily) offers consistent rental income.**; - Turnkey operation allows for immediate entry into property management.
    (406) 871-2567
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    115 N 7Th St Miles City, MT 59301
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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
    115 N 7Th St Miles City, MT 59301
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