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1706-1724 S 19th Avenue

Bozeman, 59715

ACCEPTING BACKUPS
$5,750,000
Residential Listing
1.06 AC

Summary

Centennial Apartments, a residential complex in Bozeman, Montana, offers a unique Value-Add investment opportunity. The property comprises three buildings constructed around 1975, featuring a total of 32 units, which are currently 100% occupied. Two of the buildings are three stories, while one is two stories, all situated on a 1.058-acre lot zoned R4. Common laundry located on the first and upper level of each building. Units are on separate meters for electric and are heated by electric baseboard heat. The complex has ample off street parking and is located in close proximity to Montana State University, which has seen consistent enrollment growth. Its also conveniently located near shopping, groceries, major employers, and bus routes. This value add investment presents the opportunity for significant upside with investments into capital improvements.

Details

  • Neighborhood
    Remington Addition
  • Type
    Multi Family
  • Year Built
    1975
  • Lot Size
    1.06 AC
  • Levels
    Three Or More
  • Heating
    Baseboard, Electric
  • Cooling
    None
  • Community
    Bozeman
  • Utilities
    Electricity Available, Sewer Available, Water Available
  • Waterfront
    None
  • Days on Market
    52
  • Listing Courtesy of
    Bozeman Brokers
  • MLS #
    394607

Location

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ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. Robyn L. Erlenbush Real Estate, P.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to ERA Franchise Systems LLC nor any of its affiliated companies. © 2019 Robyn L. Erlenbush Real Estate, P.C. All rights reserved.

All property data and market statistics are pulled from Big Sky Country MLS.

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