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Property profile & analytics
OFF-MARKET
Garden apartment buildings
315 Maryland Ln Laurel, MT 59044-2105
Individually Owned
23-yr Hold
Free & Clear
Property ID
US52-0095927
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2002
Construction
WOOD
Total area
13,284 SF
Lot
2.21 ac (96,093 SF)
Zoning code
RMF
APN
03-0821-09-1-20-01-0000
UPID
US52-0095927
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
-
Meadowood Apartments Apartment Building
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
Meadowood Apartments · 23 yrs held
Meadowood Apartments
since 2003
2 recorded transactions
Zoning & alternative use
RMF · Laurel, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The residential multifamily zone is intended to provide a suitable residential environment for medium to high density residential dwellings and to establish, where possible, a buffer between residential and commercial zones
Zone name
Residential Multifamily
General category
COMMERCIAL
Zone area
26.52 ac
Source
Realmo
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 Laurel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurel 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
Tax billed
$14,176
Tax year 2023
Assessed value
$1,780,000
Assessed 2023
Previous assessed
$1,780,000
+0.0% YoY
Effective rate
0.80%
On assessed value
Land market value
$263,683
Improvement market value
$1,516,317
Total market value
$1,780,000
Applied tax rate
970.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
HOT WATER
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Units
32
Rooms
5
Bathrooms
48
Total area
13,284 SF
Lot
2.21 ac (96,093 SF)
Zoning code
RMF
APN
03-0821-09-1-20-01-0000
UPID
US52-0095927
Jurisdiction
YELLOWSTONE
Zoning & alternative use
RMF · Laurel, MTZoning RMF · permitted uses
RMF · Laurel, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The residential multifamily zone is intended to provide a suitable residential environment for medium to high density residential dwellings and to establish, where possible, a buffer between residential and commercial zones
Zone name
Residential Multifamily
General category
COMMERCIAL
Zone area
26.52 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2002
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
2
Units
32
Rooms
5
Bathrooms
48
Lot
2.21 ac
Current owner
From public records · entity-resolved
Meadowood Apartments
Individual
Free & Clear · 23 yrs held
Mailing address
136 BURLINGTON AVE, BILLINGS, MT 59101-6029
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2003
—
Meadowood Apartments
Bagp Associates LLP
Grant Deed
related
—
—
—
Bagp & Associates LLP
—
Deed Of Trust
related
$32,281 · Bank Of Red Lodge
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.
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