Come invest in a consistently profitable 24 unit apartment centrally located in Shelby, Montana. The buildings are in good condition with a low vacancy rate. There are three separate buildings on 2.57 acres with a paved parking lot. Each building has seven two bedroom units and one, one bedroom unit plus laundry facilities. Appliances in almost every unit appear to be newer. Many apartments are being upgraded to the ''luxury vinyl plank'' highly durable flooring. Landlord pays sewer, water, and trash. Tenant pays electricity (includes heat source) and a monthly laundry room fee since the washers and dryers are not coin operated. Shelby is a rural town comprised of border patrol agents, those working for the railroad, the local prison. Shelby has seen a big influx of veterans and retirees attracted to its affordability and simple Montana lifestyle.

MLS® #: 365620
Type: Commercial Sale

1001 Oilfield Avenue
Shelby, MT

20640 SQFT



Zip 59474

SQFT 20640

Property Type Commercial Sale

Lot Size 2.57

Levels N/A
Office Name Live in Montana Real Estate

Year Built 1978

Subdivision N/A

Area Other Counties/State

Status Active
Zip: 59474

SQFT: 20640

Property Type: Commercial Sale

Lot Size: 2.57

Levels: N/A

Office Name: Live in Montana Real Estate

Year Built: 1978

Subdivision: N/A

Area: Other Counties/State

Status: Active

Listing Agent: Lynn Kenyon


(Data provided by Gallatin-BigSky-BSC data)