2207 Central Ave, Billings, MT, 59102

2207 Central Ave Billings, MT 59102

2207 Central Ave, Billings, MT, 59102
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,120,000
Last Verified:
Dec 19, 2024

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Highlights

  • 11,495 SF multifamily / high-rise building
  • 30 units for maximum income potential
  • Constructed in 1969
  • Zoned CMU1 for flexible commercial use
  • Prime location in the Billings area
  • Solid investment opportunity with existing tenant base
  • Potential for value appreciation and rental income growth
  • Favorable market conditions for multifamily / high-rise properties
  • Ample space for tenants' comfort and privacy
  • Well-maintained and professionally managed

Description

Introducing a prime investment opportunity. This 11,495 SF multifamily / high-rise property boasts 30 units. Built in 1969 and zoned CMU1, it features a favorable location in the Billings area. With its solid construction and ample space, this property presents an enticing prospect for investors seeking a multifamily or high-rise opportunity. Don't miss the chance to acquire this well-positioned asset with significant growth potential in a thriving market.

Discover the dynamic surroundings of Billings, MT, where the property is nestled in a vibrant community. With close proximity to shopping and restaurants . Embrace the captivating energy and rich amenities that the Billings area has to offer, making it an attractive location for multifamily / high-rise investors.


Year Built: 1969
Building Size: 11495sq ft
Building Class: C
Lot Size: 0.73 acres


Documents

Alt Sale Brochure

Map of 2207 Central Ave, Billings, MT, 59102

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.