8-unit, two-story brick multifamily offering all 2BR/1BA units with full occupancy and an active waitlist. Majority of units have been thoughtfully updated, with remaining classic units presenting a clear value-add opportunity through light renovation and repositioning. Strong in-place performance with immediate income and upside tied to unit turnover and continued improvements. Ideal blend of stabilized asset and future growth potential. DOR-approved condo conversion creates optional exit strategy for individual unit sales. Part of a three-building offering at 420 Lordwith Drive in Billings, available individually or as a portfolio acquisition. Located less than one mile from the new Intermountain Health campus, supporting long-term rental demand and area growth.