306 Central Avenue N, Harlowton, MT 59036
- $1,065,000
- List Price
- $1,065,000
- Status
- ACTIVE
- MLS#
- 361314
- Lot Size (Acres)
- 0.45
- Style
- Two Story
- Property Subtype
- Apartment
- Year Built
- 1977
Property Description
Sage Apartments presents a unique multifamily investment opportunity in Harlowton, Montana. This 12-unit property has operated within the USDA Rural Development (RD) program, providing an established affordable housing component and rental assistance structure. The property is scheduled to exit the RD program in January 2027 and transition into the SARA program, creating an important next chapter for ownership and operations. The property includes 12 residential units, on-site laundry, and established management history. Recent improvements include carpet and vinyl replacement in common areas, lighting updates, water heaters, and additional property improvements. An opportunity to acquire an established multifamily asset while navigating its upcoming program transition. Buyer to verify all program requirements and eligibility.
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Additional Information
- Area
- (17) Ryegate;Shawmut;Harlowton
- Subdivision
- Harlowton Original Townsite
- Taxes
- $2,488
- Stories
- 2
- Heating
- Electric
- Cooling
- Wall Unit(s)
- Sewer
- Public Sewer
- Elementary School
- Harlowton
- Middle School
- Harlowton
- High School
- Harlowton
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Listing courtesy of Hannah Reno from Keller Williams Yellowstone Pr