1315 E Broadway St - Apartments FOR SALE


Missoula, MT 59802 | 
$1,675,000 USD
406-880-3900
1315 E Broadway St, Missoula, MT for Sale
$1,675,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

1315 E Broadway St
Missoula, MT 59802


OVERVIEW

1315 E Broadway presents a compelling opportunity to acquire an established 11-unit multifamily property in Missoula. Situated on approximately 0.60 acres, the property features a diverse unit mix consisting of two 1-bedroom/1-bath units, two 1-bedroom/1.5-bath units with lofts, five 2-bedroom/1.5-bath units, one 2-bedroom/1-bath unit, and one 3-bedroom/2.5-bath unit. The varied floor plans provide housing options across a range of tenant needs and enhance the property's overall rental versatility. Originally constructed in 1977, the garden-style complex offers direct exterior unit access, multiple balconies and patio areas, surface parking, and covered carport parking. The low-density configuration, mature landscaping, and surrounding mountain setting provide a distinctive residential environment within an established multifamily area. Located along the E Broadway corridor, the property offers convenient access to downtown Missoula, employment centers, services, transportation routes, and the surrounding river and trail system. With 11 units, a broad unit mix, substantial on-site parking, and an established rental location, 1315 E Broadway represents an opportunity for an investor seeking a well-located Missoula multifamily asset with potential for continued operational and property improvements over time.

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

11

PRICE/UNIT

$152,273

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

-

APN/PARCEL ID

04-2200-26-2-02-01-0000

ASK ABOUT THIS PROPERTY

Jessie EagenEagen Real EstateMore Info
406-880-3900

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Jessie EagenEagen Real EstateMore Info
406-880-3900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.