2388 Shorthorn Ave Helena, MT 59602

Property Details for 2388 Shorthorn Ave

Year built

2024

Lot size

2.11 lot acres

Property type

Commercial real estate

Description

This exceptional 75-unit condominium development presents a lucrative investment opportunity in Helena, Montana. Currently featuring 12 completed, income-generating two-bedroom units, this project is fully entitled for an additional 63 units, all with in-unit laundry hookups. The attractive triplex layout of each unit ensures comfort and style, appealing to a wide range of tenants. Situated on a 2.11-acre lot at 2388 Shorthorn Avenue, the property benefits from a prime location near shopping, interstate access, and recreational amenities. The existing 12 units provide immediate cash flow while the remaining units are developed, maximizing return on investment. This turnkey project offers a unique chance to capitalize on the strong Helena real estate market and the high demand for quality rental housing. The development is fully permitted and ready for immediate expansion, offering a streamlined path to completion. The existing units are in new condition and recently placed on the rental market. This is a rare opportunity to acquire a substantial, high-potential multi-family development in a desirable location. The project's strategic location and well-designed units promise strong occupancy rates and consistent rental income. The existing infrastructure and fully approved plans minimize development risk and accelerate the path to profitability. This is an ideal investment for those seeking a high-yield, low-risk opportunity in the thriving Helena market. The asking price is $7,500,000.

Location Insight

City

Helena

County

Lewis and Clark

State

Montana

Longitude

-111.997

Latitude

46.6177