2388 Shorthorn AVE Active

Helena,MT 59602

$ 7500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Building/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 30039661

HOA Y/N No

Year Built 2024

Annual Tax Amount $52,921

Tax Year 2024

Lot Size 2.110 Acres

Acres 2.11

Property Sub-Type Building/Land

Property Description

Exceptional Condominium Development Opportunity. Discover an outstanding investment opportunity with this 75-unit residential condominium development situated in the heart of Helena, Montana. Each meticulously designed unit in this attractive triplex layout offers comfort and style, making it an ideal choice for discerning tenants. This property is perfectly located near essential shopping centers, convenient interstate access, and a variety of recreational opportunities, ensuring a balanced lifestyle for residents. There are currently 12 units built, and the project is fully entitled for 63 more. Each of the 75 units features 2 bedrooms, ensuring ample space and privacy. The convenience of in-unit laundry hookups adds to the ease of living. 12 of the condo units are built and can act as a cash flow while remaining units are being completed. Full entitlements with the remaining 63 to be built condominiums, new condition and recently being brought to the market for rents.

Location

State MT

County Lewis And Clark

Zoning B-2 Zoning allows for most business, and multi-family. Currently entitled to construct 63 more units.

Interior

Fireplace No

Building

Foundation Poured

Others

Tax ID 05188816303150000

Special Listing Condition Standard

View More
Favorite Go Tour