Property summary
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
VerifiedCap rate & NOI
Current use
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Law Firm
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Hair Salon Nail Salon
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Charitable Organization Social Service Agency
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Computer & Electronic Repair
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
COM INTERMEDIATE · Havre, MTZoning
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Zoning designation
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The district profile from the municipal source: what is on file for COM INTERMEDIATE in Havre, MT.
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Find the owner behind the property.
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