Building Details

Year Built 1975

Listing Agency: Keller Williams Yellowstone Pr h***@kw.com Show Phone

Listed By: Hannah Reno · License #RRE-BRO-LIC-98858 Show Phone

Source: Rehubbillings

Added: Aug 14 Changed: Aug 17 Last Checked: Aug 17 at 3:36AM

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Investment Insights

Based on property information with market context.

Sage Apartments is a 12-unit multifamily property constructed in 1975. The community operates through the USDA Rural Development affordable housing program and is subject to applicable program requirements, transfer provisions, and continued affordability obligations.

The property includes an established rental assistance and affordability structure for residents. Tenants are responsible for their individual utilities. The offering includes three street addresses: 720, 724, and 728 E 2nd Avenue N in Columbus, Montana.

Key Highlights

• 12‑unit multifamily community
• Built in 1975
• Operates under the USDA Rural Development affordable housing program

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service

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

12

Residential units

Location Intelligence

Trade Area within ½ mile

322

Businesses Nearby

Explore this area Business Placement

Demographics for 59019, MT

4,047

Population

1,905

Households

2.1

Avg Household Size

46

Median Age

27%

College-Educated

92%

High-School Grad

306.8 sq mi

ZIP Area

13

Density / Sq Mi

$86,905

Median Household Income

$42,813

Median Earnings

$921

Median Rent

$352,900

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property operating under USDA Rural Development affordable housing requirements and restrictions.

Where is this apartment building located?

The property is located at 720 724 728 E 2nd Avenue N Columbus, MT.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: 12‑unit multifamily community; Built in 1975; Operates under the USDA Rural Development affordable housing program