2605 62nd St W

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2605 62nd St W

Billings, MT 59106
Asking Price
$925K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 9.73 acres <ul><li>​<strong>9.73 Acres – Prime West End Location</strong> in a rapidly expanding corridor with strong surrounding commercial growth</li><li>​<strong>Annexation & Redevelopment Potential</strong> (buyer to verify) with proximity to city services</li><li>​<strong>City Water at Street</strong> providing a clear path toward subdivision or higher-density development</li><li>​<strong>Ideal for Multifamily or Mixed-Use</strong> including townhomes, apartments, or other residential concepts</li><li

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NOI
$80,000
Cap Rate
8.65%
DSCR
1.46
Strong
Cash-on-Cash
9.04%
Monthly Payment
$4,576.395
Annual Cash Flow
$25,083.256

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