782 Rookery Ln Bozeman, MT 59718
- Residential income homes
- 1,550 SF
Current Use by Public Records
- Residential income homes
Property Details for 782 Rookery Ln
- Year built
- 2022
- Property size
- 1,550 SF
- Property type
- Residential income homes
Description
This exceptional Class A multifamily investment opportunity in Bozeman, Montana, presents a compelling prospect for discerning investors. Located at 782 Rookery Lane, this property boasts four meticulously maintained units within a single, two-story building constructed in 2022. The portfolio comprises a mix of unit sizes, ranging from 1,550 to 1,598 square feet. Two units (A & D) feature one bedroom, one full bathroom downstairs, and an attached single-car garage. The other two units (B & C) offer a half-bathroom downstairs and three bedrooms and two full bathrooms upstairs. All units showcase high-end finishes including granite countertops, LVT flooring, and real wood trim. Ample designated parking is available for each unit, with additional street parking if needed. The property benefits from a desirable location near a large park. Currently operating at 100% occupancy with long-term leases in place, this investment offers a stable and attractive 5% capitalization rate. The property's strong rental history and prime location in Gallatin County, Montana (zip code 59718), make it an ideal addition to any portfolio. This turnkey investment is ready for immediate income generation. The net rentable square footage is 100 square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bozeman
- County
- Gallatin
- State
- Montana
- Longitude
- -111.109
- Latitude
- 45.6878
