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Lots2-7 Stiles Ave
Belgrade, MT 59714
Asking Price
$1.45M
Asset Type
Residential Land
Class
Class B
What's Special
Land | 2.011 acres <ul><li>Six contiguous lots at Stiles Avenue offer a flexible residential or mixed-use development opportunity in one of Belgrade's most active growth corridors</li><li>Zoned MR (Mixed Residential), the lots range from 0.28 to 0.41 acres and total 2.011 acres combined</li><li>The site sits immediately adjacent to City of Belgrade water and sewer, with surrounding uses consisting primarily of small multifamily and single-family residential</li><li>MR zoning permits higher-density residential
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NOI
$80,000
Cap Rate
5.52%
DSCR
0.93
Underwater
Cash-on-Cash
-1.40%
Monthly Payment
$7,173.809
Annual Cash Flow
$-6,085.706
