Property Details
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.
