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Financial
Distress signals
Property profile

405 Roxy Ln Billings, MT 59105

FOR SALE
Garden apartment buildings
Property ID
US52-0011358
5,600 SF 0.28 ac lot Built 1982
Last sale Jul 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This five-unit multifamily apartment property consists of five separate residences, each configured as a 2-bedroom, 1-bath unit with an approximate size of 1,120 square feet per unit. The building uses electric baseboard heating, and features include additional parking, underground sprinkler systems, on-site storage, and deck/patio areas for outdoor use. The property is located on a corner lot in Billings Heights near Lake Elmo, with access to public water and sewer services, and proximity to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$739k
Effective rate0.89%

Value estimate

· Oct 2026
$370k
$333k – $407k
NOI build-up
Gross scheduled income$91k
Vacancy & credit loss−$5k
Operating expenses−$39k
NOI · 5.85% cap applied$47k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
5.85%
$47k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-60
JurisdictionYELLOWSTONE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.8
Realty agency12.1
Parking Facility10.7

Location

405 Roxy Ln Billings, MT 59105
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

10 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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