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Listing Details

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Description

Hi investors! Are you looking for a multiple unit property that is always rented? Here it is, the only apartment complex in town! 24 versatile units consistently rented out and they may be short term or long term leased. Excellent cap rates. There are 12 full studios, 8 studios with kitchenettes, 3- 2 bedroom units and 1- one bedroom unit. Remodeled in 2016 with additional units added in 2020. Located in the heart of Gardiner with easy walking distance to shops and restaurants. Gardiner borders the north entrance of Yellowstone National Park. With 4 million visitors to the park and roughly 800,000 visitors per year travelling through the north entrance, it is a great location for an investment.

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© 2021 Big Sky Country MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Montana Home Team | Coldwell Banker Distinctive Properties. Data last updated: 2021-09-21T12:51:21.307.
www.montanahometeam.com/homes/117945881
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224 Stone Street W Gardiner, MT 59030

  • Price: $4,999,000
  • Status: Active
  • Updated: 54 min ago
  • MLS #: 359392
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Beds
0
Baths
0
½ Baths
0.32
Acres
2009
Built
Neighborhood:
6G - Gardiner/Cooke City
County:
Park
Area:
6G - Gardiner/Cooke City
Property Description
Hi investors! Are you looking for a multiple unit property that is always rented? Here it is, the only apartment complex in town! 24 versatile units consistently rented out and they may be short term or long term leased. Excellent cap rates. There are 12 full studios, 8 studios with kitchenettes, 3- 2 bedroom units and 1- one bedroom unit. Remodeled in 2016 with additional units added in 2020. Located in the heart of Gardiner with easy walking distance to shops and restaurants. Gardiner borders the north entrance of Yellowstone National Park. With 4 million visitors to the park and roughly 800,000 visitors per year travelling through the north entrance, it is a great location for an investment.
Exterior Features

Parking Features Common Road Frontage Type

Interior Features

Above Grade Finished Area 0 Cooling Varies By Unit Heating Baseboard Heating YN Yes

Property Features

Association Fee 0 Listing Terms Cash3Rd Party Financing Ownership Full Possession Delivery Of Deed Possible Use Hotel/MotelMulti-Family Property Subtype Business Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 16958 Tax Year 2020 Utilities Phone AvailableSewer AvailableWater Available Water Source Public Zoning Description None - None/Unknown

Listing courtesy of Brooke Passmore of Aspire Realty. © 2021 Big Sky Country MLS. All rights reserved.


© 2021 Big Sky Country MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Montana Home Team | Coldwell Banker Distinctive Properties. Data last updated: 2021-09-21T12:51:21.307.
 
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Montana Home Team | Coldwell Banker Distinctive Properties
2621 W. College St. Ste A
Bozeman MT, 59718