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Riley Ogden

riley.ogden@engelvoelkers.com +1(319) 430-6991

$ 2,030,000

Est. payment -/mo

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721 / 735 Hobson Butte, MT 59701

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 414240

Year Built 1996

Annual Tax Amount $12,045

Tax Year 2025

Property Sub-Type Multi Family

Property Description

Unlock immediate, stable cash flow with this fully occupied 12-unit multi-family property situated in a desirable central location. Featuring 12 two-bedroom, one-bathroom floor plans, this property consistently attracts long-term tenants and provides for minimal vacancy. Residents enjoy the everyday convenience of dedicated covered parking and proximity to local shopping, dining, and recreational opportunities. What makes this investment stand out is its built-in dual revenue stream. Alongside the 12 residential apartments, the property features 30 on-site storage units, creating additional steady income. This investment is being offered at a 7% cap rate and is arguably the best investment property currently offered in SW Montana.

Location

State MT

County Silver Bow

Area Butte And Surrounding Areas

Direction Dewey Blvd to Nevada go north to Hobson take a left.

Interior

Heating Baseboard

Cooling None

Fireplace No

Exterior

Parking Features Covered

Utilities Available Natural Gas Available, Sewer Available, Water Available

Water Access Desc Public

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Others

Tax ID 0001901580

Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing

Listing Terms Cash, 1031 Exchange, 3rd Party Financing

Special Listing Condition None

Listed by McLeod Real Estate Group, LLC

NEARBY SCHOOLS & PROPERTIES

Riley Ogden

Real Estate Advisor | License ID: 108305

+1(319) 430-6991

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