Aviation Investment Package
$2,300,000
1613 Aviation Place, Billings, MT 59101
For Sale
Office
Building
Active
Last Updated: 05/31/2025
6.31
Cap Rate
145,093.16
NOI
Details:
Cap Rate: 6.31%
NOI: $145,093.16
Building Size: 18,560 sqft
Lot Area: 2.2957 acres
Occupancy: 100%
Class: A
Units: 2
Year Built: 1999
Floors: 2
Parking Spots: 46
Highlights:
- Office Building: 5,120 SF
- Year Built: 1999
- Update Office Interior
- Hanger: 13,440 SF
- Year Built: 1994
- 75' bifold hangar door
- 27' side walls
- Ample parking
- List Price: $2,300,000
Description:
Unique aviation based investment opportunity or Owner/User with investment income. Long term lease with the FAA and an annual lease with Cape Air. The property consists of a 5,120 square foot class A office building and a 13,440 square foot airplane hanger. The existing owner has a long term land lease with the Billings Airport.
Located on the Billings International Airport, through an airport land lease.
Site offers fully paved parking and staging with access to the Billings Airport.
Documents:
| Title | ||
|---|---|---|
| 1613_Aviation_Place_For_Sale.pdf | ||
| 1613_Aviation_Place_For_Sale.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
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