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$ 2,200,000
Est. payment | /mo
58,060 SqFt
$ 2,200,000
Est. payment | /mo
58,060 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
Listed by Clearwater Montana Properties