Centennial Apartments, a residential complex in Bozeman, Montana, offers a unique Value-Add investment opportunity. The property comprises three buildings constructed around 1975, featuring a total of 32 units, which are currently 100% occupied. Two of the buildings are three stories, while one is two stories, all situated on a 1.058-acre lot zoned R4. Common laundry located on the first and upper level of each building. Units are on separate meters for electric and are heated by electric baseboard heat. The complex has ample off street parking and is located in close proximity to Montana State University, which has seen consistent enrollment growth. Its also conveniently located near shopping, groceries, major employers, and bus routes. This value add investment presents the opportunity for significant upside with investments into capital improvements.
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Price Unknown
1706-1724 S 19th Ave, Bozeman, MT 59715
64beds
32baths
--sqft
Multi Family
Built in 1975
-- sqft lot
$3,665,800 Zestimate®
$--/sqft
$2,134 Estimated rent
Home value
$3,665,800
$2.57M - $5.65M
$2,134/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tim Ford 406-209-1214,
Bozeman Brokers
Bought with:
Jeremy Seglem, RBS-88697
The Agency Bozeman
Source: Big Sky Country MLS,MLS#: 394607Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 64
- Bathrooms: 32
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator
- Laundry: Common Area
Interior area
- Finished area above ground: 0
Property
Parking
- Parking features: Common, Paved
Features
- Levels: Three Or More
- Stories: 3
- Waterfront features: None
Lot
- Size: 1.06 Acres
Details
- Parcel number: 000RGG1352
- Zoning description: R4 - Residential High Density
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Remington Addition
HOA
- Has HOA: No
Location
- Region: Bozeman
Financial & listing details
- Annual tax amount: $37,295
- Date on market: 8/2/2024
- Cumulative days on market: 12 days
- Listing terms: Cash,3rd Party Financing
- Tenant pays: Electricity
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/27/2024 | Sold | -- |
Source: Big Sky Country MLS #394607 Report a problem | ||
| 8/8/2024 | Contingent | $5,750,000 |
Source: Big Sky Country MLS #394607 Report a problem | ||
| 8/2/2024 | Listed for sale | $5,750,000 |
Source: Big Sky Country MLS #394607 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 59715
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Nearby schools
GreatSchools rating
- 7/10Irving SchoolGrades: PK-5Distance: 1 mi
- 8/10Sacajawea Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10Bozeman High SchoolGrades: 9-12Distance: 1.5 mi
- Montana
- Gallatin County
- Bozeman
- 59715
- 1706-1724 S 19th Ave
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