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    1624 Farmstead Billings, MT 59101

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    For Sale
    $1,760,000

    Income-producing apartments in a growing master-planned community.

    Property size:
    5,382 SF

    Property Features for 1624 Farmstead

    General Information

    Size
    5,382 SF

    Building Details

    Year built
    2022

    Source: Haley Vannatta, CCIM Agent Haley Vannatta, CCIM

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

    Overview

    Annafeld Multifamily Investment Opportunity

    Located in the Annafeld neighborhood, a master-planned development by McCall Homes, this property serves as a commercial anchor within a community that is only partially developed, suggesting potential long-term growth as future phases are completed. The Annafeld Subdivision, situated north of the Yellowstone River, is a master-planned neighborhood with over 600 existing residences and plans for an additional 500 within the next 5 years. This growing community emphasizes connection, walkability, and lifestyle, appealing to a broad demographic with modern homes, tree-lined streets, and green spaces. The property features appealing architecture and quality construction by McCall Homes. It includes 8 income-producing apartments and 16 garage stalls, adding value for tenants and generating additional revenue. The property size is 5382 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.352
    Latitude
    45.6311

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    FAQs

    What type of property is this?
    Apartment building - Income-producing apartments in a growing master-planned community.
    Where is this apartment building located?
    The property is located at 1624 Farmstead Billings, MT.
    What is the asking price?
    The asking price for this property is $1,760,000.
    What are key features of this property?
    This property features: - Located in Annafeld, a premier master-planned community with significant future growth potential (500+ new homes planned).; - 8 income-producing apartments.; - **16 garage stalls for tenant value and revenue.**
    (406) 672-1443
    Request Owner's contact information
    1624 Farmstead Billings, MT 59101
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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
    1624 Farmstead Billings, MT 59101
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