New search
Property profile & analytics
OFF-MARKET
Assisted living facilities
1636 Inverness Dr, Billings, MT 59105-3518
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US52-0259881
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2014
Construction
WOOD
Total area
16,044 SF
Lot
1.38 ac (59,982 SF)
Zoning code
CC
APN
03-1033-16-3-02-02-0000
UPID
US52-0259881
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
Current use
Occupant on record · Public records
-
St. John's United SkyRidge Cottages (formerly Lasting Legacy Assisted Living) Nursing Home Retirement Community
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
Earthtone Holdings LLC · 12 yrs held
Earthtone Holdings LLC
since 2014
7 recorded transactions
Zoning & alternative use
CC · Billings, MT
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 Billings submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Billings 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 2023Property tax & assessments
Tax year 2023
Assessed value
$2,657,350
Assessed 2023
Previous assessed
$2,342,638
+13.4% YoY
Land market value
$202,930
Improvement market value
$2,454,420
Total market value
$2,657,350
Applied tax rate
965.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2014
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
16,044 SF
Lot
1.38 ac (59,982 SF)
Zoning code
CC
APN
03-1033-16-3-02-02-0000
UPID
US52-0259881
Jurisdiction
YELLOWSTONE
Zoning & alternative use
CC · Billings, MT
Zoning CC · permitted uses
CC · Billings, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Billings. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Earthtone Holdings LLC
Entity
Mailing address
3940 RIMROCK RD, BILLINGS, MT 59102-0141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2016
—
Earthtone Holdings LLC
—
Deed
related
$1,566,165 · Yellowstone Bk
Jun 21, 2016
—
Hill,ron S Living Trust
—
Deed
related
—
Jun 17, 2016
—
Earthtone Holdings LLC
—
Deed
related
$1,214,000 · Yellowstone Bk
Jul 30, 2014
—
Earthtone Holdings LLC
—
Trustees Deed
related
$1,566,165 · Yellowstone Bk
Apr 1, 2014
—
Earthtone Holdings LLC
Hill Ron S Living Trust
Warranty Deed
related
—
Mar 9, 2010
—
Hill Ron S Living Trust
—
Trustees Deed
related
—
Dec 28, 2000
—
Ron S Hill Trust
Tbc INC
Quit Claim Deed
related
—
—
—
Hill,ron S Living Trust
—
Loan Modification
related
—
—
—
Hill,ron S Living Trust
—
Loan Modification
related
—
—
—
Earthtone Holdings LLC
—
Loan Modification
related
$1,566,165 · Yellowstone Bk
—
—
Hill Ron S Living Trust
—
Deed Of Trust
related
—
—
—
Earthtone Holdings LLC
—
Loan Modification
related
$1,566,165 · Yellowstone Bk
—
—
Hill,ron S Living Trust
—
Loan Modification
related
—
—
—
Hill,ron S Living Trust
—
Loan Modification
related
—
—
—
Earthtone Holdings LLC
—
Deed Of Trust
related
$1,214,000 · Yellowstone Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1636 Inverness Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
