1706-1724 S 19th Ave, Bozeman, MT 59715

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.