229 2nd Avenue SE, MT 59427

$2,995,000

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List Price
$2,995,000
MLS#
408763
Status
ACTIVE
County
Glacier
Acres
0.92
Property Subtype
Multi Family

Property Description

Introducing the Springhill Apartments, where breathtaking views of the Rocky Mountain Front meet a rock-solid investment opportunity. In the heart of Cut Bank, Montana—a town where rental demand consistently outpaces supply—this 35-unit gem stands out as a premier housing choice. Springhill has been thoughtfully reimagined with a suite of comprehensive renovations. You’ll find a refreshed lobby, modern flooring, and updated laundry facilities, all secured by a top-tier camera system. Outside, the property shines with lush new sod, a vibrant playground, and inviting dog parks that make tenants feel right at home. Beyond the aesthetics, the "heavy lifting" is already done: new gas water heaters, plumbing, and electrical updates are all in place. With a dedicated Rental Compliance Manager already driving record-high collections and a doubled rent roll, this is a rare chance to step into a stabilized, low-risk property that delivers from day one.

Additional Information

Days on Market
158
Year Built
1971
Stories
2
Cooling
None
Heating
Forced Air
Exterior Features
Play Structure
Roof
Metal

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Trampus Corder with Corder & Associates.