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    OFF-MARKET
    Garden apartment buildings

    100 Montana St, Butte, MT 59701-1600

    11,588 SF 0.07 ac lot Built 1920
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US52-0838018
    Property summary
    AI-generated overview

    This stunning, fully renovated mixed-use building in Uptown Butte, Montana presents a compelling investment opportunity. Originally constructed in 1920, this four-story structure boasts 18 units: nine studios, four one-bedrooms, four two-bedrooms, and one three-bedroom unit. The 2,962 square foot lot houses a single building with a current occupancy rate of 95%. The property includes common area amenities such as a recreation room, gym, and laundry facilities. Two units are currently utilized as short-term rentals (furnished), while the remaining 16 units are leased long-term. Individual electric and natural gas meters for each unit simplify utility billing. This stabilized investment property offers a remarkable blend of historic charm and modern upgrades, reflecting the positive growth of Uptown Butte. Financial details are available upon execution of a non-disclosure agreement. The asking price is $3,500,000. This turnkey property is ideal for investors seeking a high-performing asset in a revitalized urban setting. Contact us today to schedule a showing and explore this exceptional opportunity.

    Property profile
    Verified
    Property type Garden apartment buildings
    Use group GARDEN APT, COURT APT (5+ UNITS)
    Year built 1920
    Construction WOOD
    Total area 11,588 SF
    Lot 0.07 ac (2,962 SF)
    Zoning code C3
    APN 01-1197-13-1-01-22-0000
    UPID US52-0838018
    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
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Colonial Arms LLC · 10 yrs held
    Colonial Arms LLC
    since 2016
    3 recorded transactions
    2021
    2016
    2016
    Zoning & alternative use
    C3 · Butte, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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