519 Palmer St
- 6-unit multifamily building with two additional income-producing RV spaces.
- Apartment building features consistent rental history and well-maintained units, providing immediate, reliable income.
- Two RV spaces offer additional flexibility and year-round occupancy potential, adding to the property’s diverse revenue stream.
- Well-established property management company with contracts on 412 units.
- Business is being sold under value with apartment building valued at 7 CAP.
Property Description
Discover a rare and turnkey investment package in the heart of Miles City—ideal for investors seeking stable cash flow, proven management systems, and long-term growth potential. This offering includes a fully leased 6-unit multifamily building, two additional income-producing RV spaces, and a highly successful property management company overseeing 412 contracted units. This business is fully operational with existing systems, experienced staff, and long-standing client relationships—ready for seamless transition to new ownership. The combination of physical real estate and a thriving service-based business makes this a uniquely robust and recession-resilient investment. Located in Miles City, Montana, this property benefits from strong rental demand, a stable regional economy, and excellent proximity to community amenities, employers, and services.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $925,000 |
| No. of Units: | 8 |
| Year Built: | 1888 |
| Lot Size: | 0.17 Acres |
| Opportunity Zone: | No |
| Price per unit: | $115,625 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1235/1237 KENNICOTT AVENUE
Fairbanks, Alaska
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout