301 Spring Street

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301 Spring Street

Gardiner, MT 59030
Asking Price
$1.80M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Four-unit multifamily apartment building available for purchase
  • Located at 301 Spring Street in Gardiner, Montana
  • Positioned near the northern entrance of Yellowstone National Park
  • Asset priced at an asking rate of 1,799,000 dollars
  • Property sits in a market with limited housing supply

What's Special

Investors seeking a residential holding in a gateway community will find this 4-unit apartment building at 301 Spring Street a functional addition to a portfolio. Situated in Gardiner, Montana, the property serves as a strategic asset near the northern entrance of Yellowstone National Park, an area defined by strong seasonal tourism and consistent demand for workforce and short-term housing. The multifamily structure provides a stable base for residential leasing in a region where housing availability remains a primary concern for the local economy. Gardiner functions as a vital hub for visitors and service providers supporting the park's year-round operations. Given the geographical constraints of the surrounding area, property owners benefit from the limited supply of buildable land and housing stock. This asset offers a clear value proposition for buyers targeting stable, multi-tenant income streams in a mountain-town environment. The configuration supports diverse operational strategies, from long-term rentals for seasonal employees to flexible housing solutions for professionals operating within the Yellowstone ecosystem.

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NOI
$80,000
Cap Rate
4.45%
DSCR
0.75
Underwater
Cash-on-Cash
-4.97%
Monthly Payment
$8,900.47
Annual Cash Flow
$-26,805.645

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