2300 McDonald Ave - Apartments FOR SALE


Missoula, MT 59801
$1,095,470 USD
406-596-4000
2300 McDonald Ave, Missoula, MT for Sale
$1,095,470 USD
Apartments - FOR SALE
1/34
null | 6.49% Cap Rate

2300 McDonald Ave
Missoula, MT 59801


HIGHLIGHTS

  • 4-5 Off street dedicated parking spaces with ample additional on-street parking on both Eaton Street & Mcdonald Ave.
  • Each unit has direct outdoor access & privacy patios
  • Each unit has designated storage space in the shared on-site shed
  • Bedrooms all have built-ins in the large closets, ceiling fans and large window with blinds included in the sale.
  • Fully renovated in 2020, all units feature modern amenities such as wood laminate flooring, porcelain tile in bathrooms, energy-efficient heating syst
  • Centrally located just minutes from grocery stores, restaurants, shopping centers, and other city amenities

OVERVIEW

This well-maintained and recently renovated modern 6-unit multi-family property is an excellent investment opportunity, combining steady rental income with a profitable short-term rental unit. Fully renovated in 2020, all units feature modern amenities such as wood laminate flooring, porcelain tile in bathrooms, energy-efficient heating systems, updated cabinetry, and newer appliances and windows. Tenants benefit from their own designated storage space in a secure, shared storage shed, along with access to an on-site shared washer/dryer facility. Centrally located just minutes from grocery stores, restaurants, shopping centers, and other city amenities, the property sits right off the Bitterroot Bike Trail, offering a convenient commuting route through the core of Missoula. See associated docs for brochure, unit floor plans, APOD, etc.

FOR SALE DETAILS

PRICE

$1,095,470 USD

PRICE/SF

$322 USD /SF

# OF UNITS

6

PRICE/UNIT

$182,578

CAP RATE

6.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Modern 6-Unit Residential Investment Property

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,620 SF

ZONING

C1-4

APN/PARCEL ID

5864628

ASK ABOUT THIS PROPERTY

Katie WardKatie L Ward Real EstateMore Info
406-596-4000

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Katie WardKatie L Ward Real EstateMore Info
406-596-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.