1000 4Th Ave Sw, Conrad, MT 59425

Description

Missile Apartments presents a rare opportunity to acquire a 24-unit multifamily investment property in Conrad, Montana, consisting of three separate 8-plex buildings situated on a spacious and well-maintained site. The property offers an attractive unit mix of twenty-one 2-bedroom, 1-bathroom apartments and three 1-bedroom, 1-bathroom apartments, serving a broad tenant base and providing stable workforce housing in a market with limited rental inventory.

Originally developed and operated as an affordable housing community, the property is no longer subject to income or rent restrictions, creating a compelling value-add opportunity for investors. Current rental rates rema...