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    OFF-MARKET
    Assisted living facilities

    20 3rd W St, Havre, MT 59501-3570

    58,060 SF 3.2 ac lot Built 1971
    Individually Owned 14-yr Hold Free & Clear
    Property ID
    US52-0557848
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Assisted living facilities
    Use group HOMES (RETIRED, NURSING)
    Year built 1971
    Construction WOOD
    Total area 58,060 SF
    Lot 3.2 ac (139,261 SF)
    Zoning code COM INTERMEDIATE
    APN 12-4441-08-2-01-01-0000
    UPID US52-0557848
    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
    • Skinner E Law Firm
    • A Cut Above Beauty Salon Hair Salon Nail Salon
    • Havre Eagles Manor Charitable Organization Social Service Agency
    • Kustom PCs and Repair Computer & Electronic Repair
    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
    Kyler S Lake · 14 yrs held
    Kyler S Lake
    since 2012
    1 recorded transaction
    2012
    Zoning & alternative use
    COM INTERMEDIATE · Havre, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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