Assisted Living Facility with Two
For Sale
$3,199,000
3000 St Thomas Dr, Missoula, MT 59803
Licensed assisted living operation in two residential care homes totaling 9,556 SF.
Property Size9,556 SF
Price / SF$334.76
Days on Market93
Property Features for 3000 St Thomas Dr
General Information
Standard status
Active
Size
9,556 SF
Financials
Asking Price
$3,375,000
Business Included
Yes
Building Details
Year Built
1998
Buildings
2
Listing Agency:
PureWest Real Estate - Missoula
Listed By:
Devin Khoury · License #RRE-BRO-LIC-14766
(406) 207-8200
Source:
Mtranchsales
Added: Jul 29
Changed: Oct 26
Last Checked: Oct 7 at 12:53PM
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 PureWest Real Estate - Missoula
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This assisted living facility is offered as a two-home package featuring two spacious residential care homes licensed for assisted living: 3000 St. Thomas Dr and 3677 Brandon Way. The homes are described as built to provide a warm, home-like setting for residents and are maintained as well-kept residential properties.
The package is located in the South Hills of Missoula and is described as being in a residential neighborhood area with close proximity to hospitals, shopping, public services, and transit routes. The offering provides flexibility to purchase the business only or acquire the full business and real estate package.
Operationally, the business is represented as structured for efficiency, with documented procedures, vendor relationships, and quality control systems, alongside strong staff retention. The current owner is available to assist with a smooth transition, and the remarks state that qualifications to operate are attainable through a certification test.
The package is located in the South Hills of Missoula and is described as being in a residential neighborhood area with close proximity to hospitals, shopping, public services, and transit routes. The offering provides flexibility to purchase the business only or acquire the full business and real estate package.
Operationally, the business is represented as structured for efficiency, with documented procedures, vendor relationships, and quality control systems, alongside strong staff retention. The current owner is available to assist with a smooth transition, and the remarks state that qualifications to operate are attainable through a certification test.
Key Highlights
- Assisted living operation in two licensed residential care homes
- Total property size of 9,556 SF
- Home locations include 3000 St. Thomas Dr and 3677 Brandon Way
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,011
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,040,220
$2.0M
Cap Rate 7%
$1,457,300
$1.5M
Cap Rate 9%
$1,133,456
$1.1M
Market Conditions
NOI Build-Up for 9,556 SF
Gross rent
$201.8K $21.12/SF
− Vacancy
−$16.3K −$1.71/SF
EGI
$185.5K $19.41/SF
− OpEx
−$83.5K −$8.73/SF
NOI
$102.0K $10.68/SF
Area
Missoula County, MT
Vacancy
8.10%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,040,220
Cap Rate 7%
$1,457,300
Cap Rate 9%
$1,133,456
Alternative Uses
Best Use
Apartment 5plus
$1.46M
$1.28M – $1.70M
NOI $102,011 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.76M
$2.41M – $3.21M
NOI $192,864 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59803, MT
17,203
Population
6,813
Households
2.5
Avg Household Size
40
Median Age
53%
College-Educated
97%
High-School Grad
97.0 sq mi
ZIP Area
177
Density / Sq Mi
$108,992
Median Household Income
$49,831
Median Earnings
$1,194
Median Rent
$492,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Assisted living facility - Licensed assisted living operation in two residential care homes totaling 9,556 SF.
Where is this assisted living facility located?
The property is located at 3000 St Thomas Dr Missoula, MT.
What is the asking price?
The asking price for this property is $3,199,000.
What are key features of this property?
This property features: Assisted living operation in two licensed residential care homes; Total property size of 9,556 SF; Home locations include 3000 St. Thomas Dr and 3677 Brandon Way
