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720, 724, 728 E 2nd Avenue N, Columbus, MT 59019

$1,000,000

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List Price: $1,000,000
MLS#: 361302
Status: ACTIVE
County: Stillwater
City: Columbus
Subdivision: Lavelle Add
Acres: 0.60

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Property Description

Exceptional opportunity to acquire Sage Apartments, an established 12-unit multifamily community in Columbus, Montana. This income-producing property offers a strong rental history and the opportunity to invest in affordable housing in a growing Montana community. The property operates within the USDA Rural Development affordable housing program and is subject to applicable RD requirements and restrictions. Residents benefit from an established rental assistance and affordability structure, while tenants are responsible for their individual utilities. The property is an attractive opportunity for investors seeking a stabilized multifamily asset. Investment and financial information available to qualified buyers. Buyer to independently verify all financial information, USDA Rural Development requirements, transfer provisions, rental assistance, and continued affordability obligations.

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Additional Information

Year Built: 1975
Style: Two Story
Stories: 1
Cooling: Wall Unit(s)
Heating: Hot Water
Exterior Features: Sprinkler/Irrigation
Elementary School: Columbus
Middle School: Columbus
High School: Columbus