Havre $2,200,000

20 3rd Street W Havre MT 59501

$2,200,000

30018262

Located in Havre, Montana, Eagles Manor is operated as an assisted living facility that is comprised of 88 units, offering a mix of studio, 1 bedroom and deluxe apartments. All units have a bathroom and kitchen area with electric cooktop, sink, refrigerator, hot water heat and central air conditioning. 40 of the units are HUD-approved. Each floor is accessed by an elevator and features a lounge area for the residents' use. On the second floor, the 3,950 sq ft cafeteria provides daily meals. The structure is a 5 story, 58,000+/- sq ft brick building constructed on 3 acres which includes a courtyard with landscaped lawn, trees, and flowers. Occupancy is 100% with a waiting list. Rents are below market and further stabilization can be implemented to enhance investment returns. The roof has been recently replaced and the hot water heating system has been upgraded. ALL FFE conveys to buyer.

Listing Details

  • UseBuildingLand
  • Year Built1971
  • Lot Size3.1900

Location

Listing Agent: Kevin Wetherell
Listing Office: Clearwater Montana Properties - Seeley Lake PO Box 490 Seeley Lake

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