Description
Investment opportunity in Worden, Montana! This established 12-unit multifamily property offers a strong rental history and the stability of participation in the USDA Rural Development (RD) program, with approximately 9 years remaining. The RD structure provides an important source of affordable housing while offering investors an established income-producing asset. The property offers an opportunity for continued operation within RD while building long-term value. Located in the growing Worden community with convenient access to Billings and surrounding Yellowstone County amenities. Property is being marketed alongside 2467 2nd St, providing an opportunity to acquire additional multifamily units in the same location. Buyer to verify all financial information, RD requirements, rental assistance, transfer requirements and program restrictions.
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0BEDS
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0.31ACRES
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0BATHS
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01/2 BATHS
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8,272SQFT
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$137$/SQFT
School Information
Description
Investment opportunity in Worden, Montana! This established 12-unit multifamily property offers a strong rental history and the stability of participation in the USDA Rural Development (RD) program, with approximately 9 years remaining. The RD structure provides an important source of affordable housing while offering investors an established income-producing asset. The property offers an opportunity for continued operation within RD while building long-term value. Located in the growing Worden community with convenient access to Billings and surrounding Yellowstone County amenities. Property is being marketed alongside 2467 2nd St, providing an opportunity to acquire additional multifamily units in the same location. Buyer to verify all financial information, RD requirements, rental assistance, transfer requirements and program restrictions.
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