Listing Detail
Price:
$4,795,000 
MLS #:
330736
Beds:
5
Baths:
4
Sq. Ft.:
53300
Lot Size:
1.97 Acres
Yr. Built:
2014
Type:
Multi-Family
Multi Family - HOA-No
Taxes/Yr.:
$31,869
Area:
North Side
Address:
204 Colorado Blvd
Glendive, MT 59330
Investment Opportunity in Growing Rental Economy Glendive MT
The Plainview Apartments is a 44-unit apartment complex in Glendive MT. The complex offers 8 three-bedroom units and 36 two-bedroom units, all with two full baths, walk-in closets and their own full-size washer/dryer. The three-bedroom floorplans are 1,200 SF and the two-bedroom floorplans are 1,100 SF. Each unit has separate gas and electric utility meters that the tenants pay directly. Utility costs are substantially less than competing properties due to new and better-quality construction and insulation. There are 14 single car garages available for rent, plus 43 outside parking spaces with electrical plug-ins for block heaters during the winter months. Overflow parking is available across the street at the Glendive Fairgrounds. Glendive has a strong rental market with an unemployment rate of 1.9% and the area's largest employers (health care/retail/public administration) are consistently hiring. Occupancy is currently at full capacity with an average monthly rent around $800. Ownership has a goal to maintain 90-95% occupancy and average rent of $850 for 2021.
Interior Features:
Countertops- Laminate
Flooring- Carpet
Flooring- Linoleum
Exterior Features:
View of Hills
Appliances:
Dishwasher
Dryer
Microwave
Oven/Range- Electric
Refrigerator
Washer
Water Heater- Nat. Gas
Other Features:
HOA-No
Utilities:
Garbage Collection
Power: MDU
Water: City/Public
Listing offered by:
Kristi Woodward (License# 88066) with Realty One
Map of Location:
Data Source: Listing data provided courtesy of: Glendive, MT MLS (Data last refreshed: 10/17/21 9:50am) - 10

Notice & Disclaimer: All listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is not guaranteed to be accurate. All measurements (including square footage and acreage) should be independently verified by the buyer.
More Information
Kristi Woodward - Broker/Realtor ®
Realty One
Office: (406) 377-5201
Mobile: (406) 989-1668
#88066
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