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1229 Poly Dr - 1229-1239 Poly Drive 6 Unit Apartment Building Offered at $1,139,218 CAD at a 6.39% Cap Rate Billings, MT 59102
Investment Highlights
- 6-Unit Multifamily Investment Property
- Private, Park-Like Setting Surrounded by Mature Trees
- Established 1967 Property with Long-Term Rental Investment Potential
- Prime Location Near Rocky Mountain College & Billings’ Medical Corridor
- Value-Add Potential
Executive Summary
Tucked among mature trees and established landscaping, this multifamily property offers a setting that feels surprisingly peaceful and residential while remaining close to some of Billings’ most important amenities. The thoughtful layout and private outdoor areas give the property a distinctive character that sets it apart from a typical apartment investment. With an established footprint and opportunities to enhance the property over time, a new owner can build upon what is already here while positioning the asset for its next chapter. Convenient access to education, healthcare, shopping, dining, and major transportation routes further supports its appeal within the Billings rental market.
Property Facts
| Price | $1,139,218 CAD | Property Type | Multifamily |
| Price Per Unit | $189,870 CAD | Building Size | 10,128 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6.39% | No. Stories | 1 |
| No. Units | 6 | Year Built | 1967 |
| Zoning | NX2-Mixed Residential 2 - | ||
| Price | $1,139,218 CAD |
| Price Per Unit | $189,870 CAD |
| Sale Type | Investment |
| Cap Rate | 6.39% |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 10,128 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1967 |
| Zoning | NX2-Mixed Residential 2 - |
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 03-1033-31-2-11-03-0000 | Improvements Assessment | $1,005,322 CAD |
| Land Assessment | $234,886 CAD | Total Assessment | $1,240,208 CAD |
Property Taxes
Parcel Number
03-1033-31-2-11-03-0000
Land Assessment
$234,886 CAD
Improvements Assessment
$1,005,322 CAD
Total Assessment
$1,240,208 CAD
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1229 Poly Dr - 1229-1239 Poly Drive
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