For Sale View Offering Memorandum

Alder St Apartments

404 W Alder St, MIssoula, MT 59802

Property Stats

Units
Price/Unit$70,833.33
TypeMultifamily
Sub-typeGarden/Low-rise
Use TypeInvestment
Lot SizeNot specified
MSAMissoula
Year BuiltNot specified

Property Details

Property Description

Multi-family Investment property in a prime Missoula location. This 6-unit investment is an easy walk to everything downtown has to offer as well as St. Pat's hospital. This property score an 89 on WalkScore.com and a Bike Score of 99. Historic vacancy rates are very low. The current cash flow is solid while also presenting an opportunity to add value through targeted updates. The zoning (RM1-45) may allow the addition of one more rental unit. This investment property poses a significant value add opportunity in a coveted area.

Highlights

  • Prime Downtown Location
  • Value-add Opportunity
  • Very Low Vacancy

Property Map

Additional Info

  • Number of Floors: Not specified
  • Under Construction: No
  • Building Class: Not specified
  • RSF: Not specified
  • USF: Not specified
  • Acres: 0.18

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.