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Kari Francisco

kari.francisco@engelvoelkers.com +1(406) 595-3885

$ 2,995,000

Est. payment -/mo

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Active

229 2nd AVE SE MT 59427

0.92 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 408763

Year Built 1971

Annual Tax Amount $14,994

Tax Year 2025

Lot Size 0.916 Acres

Acres 0.916

Property Sub-Type Multi Family

Property Description

Introducing the Springhill Apartments, where breathtaking views of the Rocky Mountain Front meet a rock-solid investment opportunity. In the heart of Cut Bank, Montana—a town where rental demand consistently outpaces supply—this 35-unit gem stands out as a premier housing choice. Springhill has been thoughtfully reimagined with a suite of comprehensive renovations. You'll find a refreshed lobby, modern flooring, and updated laundry facilities, all secured by a top-tier camera system. Outside, the property shines with lush new sod, a vibrant playground, and inviting dog parks that make tenants feel right at home. Beyond the aesthetics, the "heavy lifting" is already done: new gas water heaters, plumbing, and electrical updates are all in place. With a dedicated Rental Compliance Manager already driving record-high collections and a doubled rent roll, this is a rare chance to step into a stabilized, low-risk property that delivers from day one.

Location

State MT

County Glacier

Area Other Counties/State

Direction CLA

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Play Structure

Fence Chain Link

Utilities Available Electricity Available, Sewer Available, Water Available

Amenities Available Playground, Sidewalks

Water Access Desc Public

Roof Type Metal

Street Surface Paved

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Additional Building Shed(s)

Others

Tax ID 0000000571

Security Features Security System,Carbon Monoxide Detector(s),Heat Detector,Smoke Detector(s),Security Lights

Acceptable Financing Cash, Item1031Exchange, Item3rdPartyFinancing

Listing Terms Cash, Item1031Exchange, Item3rdPartyFinancing

Special Listing Condition None

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Listed by Corder & Associates

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