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Renovated 35-Unit Apartment Building
For Sale
$2,750,000

229 2nd Avenue SE, Cut Bank, MT 59427

Renovated multifamily property with updated common areas, laundry facilities, playground, dog parks, and building systems.

Property SizeContact for details
Days on Market12

Property Features for 229 2nd Avenue SE

General Information

Standard status Active
Property subtype Residential Income
Zoning Call Listing Agent for Details

Additional Details

Multifamily Units 35

Amenities

lobby
laundry facilities
camera system
playground
dog parks
sidewalks

Building Details

Year Built 1971
Stories 2
Units 35
Listing Agency: Corder & Associates
Listed By: Trampus Corder · License #RRE-BRO-LIC-38039
Source: Purewestrealestate
Added: Jul 30 Changed: Aug 8 Last Checked: Aug 10 at 2:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corder & Associates

Investment Insights

Based on property information with market context.

Springhill Apartments is a 35-unit apartment building located in Cut Bank, Montana. Built in 1971, the property includes a refreshed lobby, modern flooring, updated laundry facilities, sidewalks, new sod, a playground, and dog parks. A camera system supports the property’s security infrastructure.

Major building-system improvements include new gas water heaters, plumbing updates, and electrical updates. The property also has a dedicated Rental Compliance Manager. Additional operational metrics, including record-high collections and a doubled rent roll, are described in the offering information.

Key Highlights

  • 35‑unit apartment building in Cut Bank, Montana
  • Built in 1971
  • Refreshed lobby, modern flooring, and updated laundry facilities

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon HVAC Service Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

35
Residential units

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

Demographics for 59427, MT

5,091
Population
1,963
Households
2.6
Avg Household Size
37
Median Age
18%
College-Educated
85%
High-School Grad
1,380.7 sq mi
ZIP Area
4
Density / Sq Mi
$59,219
Median Household Income
$39,324
Median Earnings
$915
Median Rent
$161,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily property with updated common areas, laundry facilities, playground, dog parks, and building systems.
Where is this apartment building located?
The property is located at 229 2nd Avenue SE Cut Bank, MT.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 35‑unit apartment building in Cut Bank, Montana; Built in 1971; Refreshed lobby, modern flooring, and updated laundry facilities
More about this property
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