Property profile

100 Montana St Butte, MT 59701

OFF-MARKET
Garden apartment buildings
Property ID
US52-0838018
11,588 SF 0.07 ac lot Built 1920
Entity Owned 10-yr Hold ~ Est. High Equity
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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

Location

100 Montana St Butte, MT 59701-1600
Butte metro Census 102 BUTTE-SILVER BOW, MT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2016
3 recorded transactions
2021
Price N/A
2016
Price N/A
2016
Price N/A

Zoning & alternative use

C3 · Butte, MT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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