101 2nd Avenue W

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101 2nd Avenue W

Scobey, MT 59263
Asking Price
$1.20M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building containing eighteen residential units
  • Located at 101 2nd Avenue W in Scobey
  • Asking price for the property is 1,200,000 dollars
  • Positioned within the Daniels County real estate market
  • Suitable asset for long-term residential rental income strategies

What's Special

This multifamily apartment building comprises 18 units in Scobey, Montana. Situated at 101 2nd Avenue W, the property functions as a residential asset within this eastern Montana market. The community is characterized by steady rural growth and essential infrastructure, serving local housing needs in a region where housing availability is vital to the local economy. Given the structure of the units, the building is well-positioned for an investor seeking to manage a portfolio of apartments in a stable, smaller market setting. Investors looking for rental income potential will find this asset provides a straightforward acquisition in the Daniels County area. The property layout supports standard long-term residential leasing strategies suitable for the local workforce. As a tangible real estate holding, this building offers an entry point into the Montana multifamily sector, catering to those interested in managing residential properties within a focused geographic footprint.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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