420 Lordwith Drive, Billings, MT 59102
sale
$5,450,000
|
Commercial-Other
Listed By CENTURY 21 Americana
The Residences at Lordwith is a stabilized 24-unit multifamily in a central Billings infill location near Pioneer Park and downtown. The property is fully occupied with a waitlist, providing consistent cash flow supported by strong demand and professional management. It offers clear upside through renovation of remaining classic units, with updated units already achieving higher rents and demonstrating a repeatable path to increased NOI. An approved condo conversion adds flexibility, allowing for long-term hold, phased sell-off, or full retail disposition. With proven performance, continued rent growth, and demand from both renters and potential owner-occupants, this asset presents a strong blend of stability and upside.
Sprinklers In Ground
Sprinklers In Ground
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Property Features
- Age: Over 50 Years Old
- Building Area: 0.00 SF
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 23761 Sq. Ft.
- MLSID: 358713
- Parking Places: 0
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Taxes: $9839.00
- Year Built: 1959
- Zoning: Mixed Residential 2
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