20 3Rd St Havre, MT 59501
- Assisted living facilities
- 58,060 SF
- 3.20 lot acres
Current Use by Public Records
- Skinner E / Attorney
- A Cut Above Beauty Salon / Beauty Salon
- Havre Eagles Manor / Non-Profit Organization
- Kustom PCs and Repair / Computer Repair Service
Property Details for 20 3Rd St
- Year built
- 1971
- Construction
- WOOD
- Lot size
- 3.20 lot acres
- Property size
- 58,060 SF
- Zone code
- COM INTERMEDIATE
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 12-4441-08-2-01-01-0000
- APU
- 12444108201010000
Description
Eagles Manor, a 5-story, 58,060+/- sq ft brick assisted living facility in Havre, MT, presents a compelling investment opportunity. This 88-unit property sits on a 3.19-acre lot and boasts a 100% occupancy rate with a waiting list, indicating strong demand. The building features a mix of studio, one-bedroom, and deluxe apartments, all equipped with a bathroom, kitchenette (including electric cooktop, sink, and refrigerator), hot water heat, and central air conditioning. Forty units are HUD-approved. Resident amenities include elevators servicing all five floors and lounge areas on each floor. A spacious 3,950 sq ft cafeteria on the second floor provides daily meals. The property also includes a landscaped courtyard featuring lawn, trees, and flowers. Recent capital improvements include a new roof and an upgraded hot water heating system. Current rents are below market, offering significant potential for increased profitability through future rent stabilization. All furniture, fixtures, and equipment (FF&E) are included in the sale. This turnkey operation is priced at $2,200,000.
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
- Havre
- County
- Hill
- State
- Montana
- Longitude
- -109.685
- Latitude
- 48.5515
- CBSA code
- 25660
- CBSA name
- HAVRE, MT MICROPOLITAN STATISTICAL AREA
