201 9th Ave NW

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201 9th Ave NW

Sidney, MT 59270
Asking Price
$2.23M
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily investment asset located at 201 9th Ave NW.
  • Property features a total of 20 residential rental units.
  • Offered for sale at an asking price of 2,225,000 dollars.
  • Positioned in Sidney within the active Bakken energy region.
  • Suitable for investors targeting workforce housing in Montana.

What's Special

This 20-unit apartment complex serves as a strategic multifamily investment within Sidney, Montana. Located in the heart of the Bakken region, the property benefits from the energy sector's ongoing demand for reliable rental housing. Investors can leverage this asset to address the persistent need for workforce accommodation in a market shaped by resource-driven economic cycles. The site offers scale for operators seeking a consolidated residential footprint in a high-activity corridor. Sidney functions as a vital hub for regional commerce and logistics, providing a stable foundation for multifamily operations amidst the broader trends of the Williston Basin. This portfolio presents a direct acquisition opportunity for those focused on income-producing residential real estate in Eastern Montana.

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NOI
$80,000
Cap Rate
3.60%
DSCR
0.61
Underwater
Cash-on-Cash
-7.80%
Monthly Payment
$11,008.086
Annual Cash Flow
$-52,097.032

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