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Property profile & analytics
OFF-MARKET
Garden apartment buildings
10 Woodard Ave Absarokee, MT 59001-6340
Entity Owned
Free & Clear
Property ID
US52-0335217
Property summary
AI-generated overview
Step back in time with this remarkable 1911 brick building, formerly known as the Absarokee Hotel and later the Jay Apartments. Situated just 100 feet from Absarokee's main intersection, this 11-unit property enjoys a history of near 100% occupancy. Each unit features centrally metered electrical service and radiant heat. The full basement provides laundry facilities, mechanical rooms, and ample potential for additional storage units. The second-floor units are arranged in a hotel-style configuration. This property presents a unique investment opportunity with diverse conversion possibilities, including an upscale bed and breakfast, a small hotel, condominium units, or commercial office space. The property comprises two tracts of land
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1911
Construction
WOOD
Total area
6,868 SF
Lot
0.17 ac (7,405 SF)
APN
32-0617-01-1-16-11-0000
UPID
US52-0335217
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
BLAKELY PROPERTIES LLC
BLAKELY PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Absarokee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Absarokee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,558
Tax year 2024
Assessed value
$461,500
Assessed 2024
Previous assessed
$461,500
+0.0% YoY
Effective rate
2.29%
On assessed value
Land market value
$39,907
Improvement market value
$421,593
Total market value
$461,500
Applied tax rate
861.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1911
Construction
WOOD
Heating
HOT WATER
Cooling
NONE
Stories
2
Total area
6,868 SF
Lot
0.17 ac (7,405 SF)
APN
32-0617-01-1-16-11-0000
UPID
US52-0335217
Jurisdiction
STILLWATER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1911
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
BLAKELY PROPERTIES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 96, ABSAROKEE, MT 59001-0096
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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