220 N. Center Ave. Miles City
Listing was updated at: 03/29/2019
Property Overview
Price/Rent PSF $ 300,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 4,800
Date Available 11/05/2018
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Description

Investment Property w/ Assisted Living Business as a long term tenant 220 N Center Ave, Miles City, MT 59301 Assisted Living Facility for sale at $300,000 that is currently running. Upgrades have been made to the building since current owner acquired it in 2011 including 2 new HVAC units. This is a 2 floor facility with comfortable living areas on both floors, an elevator to assist the elderly, day light windows for downstairs units, nice deck on the back for outdoor use and all around enjoyable setting. Financials available to qualified buyers upon request. *16 Bed Assisted Living Facility *Elevator *Outdoor Deck/Patio *Shared & Private Bathrooms *Security System *Central Air Investment Highlights: *New 5 year lease *Current rent is $3,000/mo NNN *NOI = $36,000 per year *12% CAP Rate

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