603 Washington
- Property Management Company with Contracts on 671 units
- Additional Assets of 13 Buildings totaling 96 units
- Potential for Owner FInancing
- Located in Miles City- the Economic Heart of Eastern Montana
- Miles City is located at the junction of Interstate 94 and Highway 12 making it a vital corridor for transportation and commerce
- Fully operational and income producing
Property Description
Positioned in the economic heart of Eastern Montana, this offering presents a rare opportunity to acquire a fully operational, income-producing real estate portfolio paired with an established and scalable property management company. Milestone Property Management currently has contracts on 671 units and the portfolio of assets consists of 13 buildings totaling nearly 100 rental units, delivering immediate scale, operational efficiency, and consistent cash flow from day one. The portfolio is supported by exceptionally strong rental fundamentals, with occupancy averaging approximately 98%, reflecting sustained demand and limited housing supply within the region. This stability makes the asset well-suited for investors seeking reliable income, long-term appreciation, and downside protection in a resilient market. A key differentiator of this offering is the inclusion of a fully integrated property management platform, which currently holds active management contracts on approximately 671 units throughout the region. This established infrastructure provides diversified revenue streams beyond the subject portfolio, while positioning a new owner for continued growth through third-party management, portfolio expansion, and increased operational leverage. This is a true turnkey investment, inclusive of experienced personnel, established systems, and operational processes already in place—significantly reducing transition risk and allowing for immediate continuity of income and operations. Seller is open to owner financing, offering a compelling structure for qualified buyers with 20% down, with terms to be negotiated. This provides an attractive opportunity to leverage the asset with flexible financing while preserving capital for future growth.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $7,395,000 |
| No. of Units: | 96 |
| Lot Size: | 2.96 Acres |
| Opportunity Zone: | No |
| Price per unit: | $77,031 |
| Property Website | Click Here |
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