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1392 E River Rd
Pray, MT 59065

$2,600,000 USD

Apartments For Sale • 5,000 SF

Property Details

Property Type Apartments
Total Building Size 5,000 SF
Lot Size 5 AC
Building Class B
Year Built 2020
Cap Rate 4.00 %
Zoning none

0 Transit Score

12 Walk Score

Description

3 Amish built log cabins, built in 2019-2020 by Mill Canyon Log Homes in Salmon Idaho. On a permanenet foundation with frost wall and crawlspace. All new, modern construction. Excellent rental income. Duplex with a 2 bd/1 ba, and a 1 bd/1ba, 2500 sqft General Store on % lease, US Post Office lease

                
                    Highlights
                
                                Historic building near Yellowstone's only year-round entrance, close to Bozeman and I-90, US Post Office lease brings steady foot-traffic
                            
                                Possibility to double income very quickly by investing in approved septic plans
                            
                                Management and construction team in place which knows the area well

Financial Summary (Actual)

Net Operating Income: $103,000 USD (2023)

Cap Rate:	4.00 %
Total Expenses:	$200,000 USD

Amenities

Dishwasher
Fenced Lot
Property Manager on Site
Heating
Furnished Units Available
Guest Apartment
On-Site Retail
Vintage Building
Kitchen
Vaulted Ceiling
High Speed Internet Access
Refrigerator
Tub/Shower
Yard
Storage Space
Community-Wide WiFi
Deck
Dining Room
Double Pane Windows
Window Coverings
Activity License

Parking Details

Parking Available:	Yes
Reserved:	Yes
Spaces Provided:	8
Type:	Reserved
Included in Rent:	Yes

Michael Rutkowski 406-414-7725 Big Sky Equity

1392 E River Rd Pray, MT 59065