4130 - 4146 Arden Ave, Billings, MT 59101

VIDEO TOURS, FACETIME TOURS & SKYPE TOURS ARE AVAILABLE FOR THIS PROPERTY UPON REQUEST

*Multifamily property - 2 House & 7 Mobile Homes
*For Sale $525,000
*27,864 SF Lot
*Zoned Residential Manufactured Home
*City Water
*Septic Systems, but Sewer Lines are Stubbed in
*Monthly Income = $6,125
*NOI = $53,607 (3 Year Average)
*10.2% CAP Rate
*Owner has complete maintenance log available to prospective buyers

4130 Arden Ave
*6 qty 1960's and 1970's Mobiles
*Rent = $640-$685/mo

4140 Arden Ave
*816 SF 1 Bedroom Home w/ Carport
*Rent = $665/mo
*720 SF 3 Bay Garage (currently used by owner, but could be rented for $450/mo)

4142 Arden Ave
*2 Bedroom Mobile
*Rent = $675/mo
*Shed

4146 Arden Ave
*1,008 SF 2 Bedroom Home
*Shed
*Rent = $860/mo
*1,056 SF Shop (currently used by owner, but could be rented for $660/mo)

4130-4146 Arden Ave is a well taken care of multifamily property consisting of 2 houses, 7 mobiles, 2 sheds, 1 large garage and 1 shop space. With affordable rents, units are always occupied. This investment property also has good upside potential for a new owner if they rent out both the shop & garage space currently storing seller's personal items.