20 3rd Street W Pending

Havre,MT 59501

$ 2200000

- Bed

- Bath

58060 SqFt


Key Details

Property Type Commercial

Sub Type Building/ Business

Listing Status Pending

Purchase Type For Sale

Square Footage 58,060 sqft

Price per Sqft $37

MLS Listing ID 389143

Year Built 1971

Annual Tax Amount $4,585

Tax Year 2023

Lot Size 3.197 Acres

Acres 3.197

Property Description

Located in Havre, Montana, Eagles Manor is operated as an assisted living facility that is comprised of 88 units, offering a mix of studio, 1 bedroom and deluxe apartments. All units have a bathroom and kitchen area with electric cooktop, sink, refrigerator, hot water heat and central air conditioning. 40 of the units are HUD-approved. Each floor is accessed by an elevator and features a lounge area for the residents' use. On the second floor, the 3,950 sq ft cafeteria provides daily meals. The structure is a 5 story, 58,000+/- sq ft brick building constructed on 3 acres which includes a courtyard with landscaped lawn, trees, and flowers. Occupancy is 100% with a waiting list. Rents are below market and further stabilization can be implemented to enhance investment returns. The roof has been recently replaced and the hot water heating system has been upgraded. ALL FFE conveys to buyer.

Location

State MT

County Hill

Area Other Counties/State

Direction From Highway 2, turn onto Montana Ave and continue onto 3rd Street W

Interior

Heating Baseboard

Cooling Central Air

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Others

Tax ID 0000018057

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Real Estate Owned

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