2605 Minnesota Avenue

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2605 Minnesota Avenue

Billings, MT 59101
Asking Price
$1.70M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

11-Unit Multifamily Property <ul><li>​11 furnished units — minimal deferred capex</li><li>​Versatile use: extended stay, workforce housing, monthly rentals, or boutique lodging</li><li>​Located in Billings, Montana — the state's largest economic hub and a key regional driver in healthcare, energy, and logistics</li><li>​Stabilizing market rents create a clear runway for revenue growth</li><li>​Strong owner-operator or passive-investor profile</li></ul>

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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.10%
Monthly Payment
$8,410.672
Annual Cash Flow
$-20,928.069

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