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Belgrade Multifamily Buyer

Sell Your Commercial Property In Belgrade, MT

From Downtown Belgrade to Manhattan, we buy Belgrade multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.

  • Clear feedback on your deal, typically within 48 hours
  • 5 to 100+ units, stabilized or distressed, listed or off-market
  • Owners, agents, and brokers welcome — every conversation is confidential

We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits

Areas We Target: Downtown Belgrade · Four Corners · Manhattan · Bozeman — Gallatin County, MT

Local Demand

Our View On Belgrade

Belgrade, in Gallatin County, had 11,872 residents in the Census Bureau's ACS 2020-2024. Renters occupy 43.9% of Belgrade homes, and median gross rent is $1,877. Median household income in Belgrade was $97,328 over the same period.

Owners who plan to sell commercial property in Belgrade, MT meet buyers who start with rents and taxes. HUD's FY2027 two-bedroom fair market rent is $2,109. Belgrade's city levy district carried 619.67 mills in 2025. Montana taxes long-term rentals at a flat 1.10% of market value in 2026.

01

Bozeman Yellowstone International Airport

The airport sits in Belgrade and served a record 2,809,419 passengers in 2025, with over 1,500 people employed on site.
02

Montana State University

Montana State University in Bozeman reported 17,173 students in its fall 2025 registrar count of September 15, 2025.
03

Commuter workforce

Of 6,889 Belgrade workers, 74.7% work outside Belgrade, per ACS 2020-2024 table B08008.

Our Buy Box

What We Buy In Belgrade

Full Buy Box

Asset Type

Multifamily, 5+ Units

Apartment buildings and income-producing residential.

Size

5 – 100+ Units

Sweet spot: 15–25 units.

Condition

Stabilized To Distressed

Value-add, mismanaged, and high-vacancy properties welcome.

Deal Types

Listed Or Off-Market

Direct-to-owner, pocket listings, portfolios.

Local Market Data

Belgrade Apartment Market

Figures gathered October 2026 from public market data.

43.9% Renter households 2,130 of 4,852 occupied homes, ACS 2020-2024
$1,877 Median gross rent Belgrade city, ACS 2020-2024
$2,109 HUD FY2027 two-bedroom FMR Bozeman, MT MSA, from Oct 1, 2026
619.67 2025 mills, Belgrade city Levy district 06-0368, all taxing units combined
2002 Median year built 36.2% of homes built 2010 or later
5.6% Rental vacancy Belgrade city, ACS 2020-2024 profile DP04

Who rents in Belgrade

Renters occupy 43.9% of Belgrade's 4,852 occupied homes in ACS 2020-2024, per Census table B25003. That beats Gallatin County's 38.9% renter share. Belgrade has 481 homes in buildings of five or more units, 9.6% of its stock, per table B25024.

Belgrade's stock is young, with a median year built of 2002 in table B25034. Only 19.4% of homes predate 1980. Newer buildings help owners who sell commercial real estate in Belgrade, MT.

Rents and affordability

Median gross rent in Belgrade was $1,877 in ACS 2020-2024, 73.6% above Montana's $1,081. Median household income was $97,328. Rental vacancy was 5.6%, per profile DP04.

Unit sizeHUD FY2027 FMR
Efficiency$1,469
1 bedroom$1,612
2 bedroom$2,109
3 bedroom$2,920
4 bedroom$3,487

These HUD FY2027 fair market rents cover the Bozeman, MT MSA, which covers Gallatin County, from October 1, 2026.

Property taxes in Gallatin County

Belgrade city levy district 06-0368 carried 619.67 mills in 2025, per the Gallatin County 2025 mill levy report. Long-term rentals pay a flat 1.10% rate in tax year 2026, per Montana Department of Revenue guidance.

On a $2,000,000 Belgrade building, taxable value is $22,000 and the tax is $13,632.74, or 0.68% of value. At the 1.90% rate, the bill is $23,547.46. Montana's Constitution bans real property transfer taxes, so owners who sell commercial property in Belgrade, MT pay none.

Landlord rules

Montana sets landlord rules statewide. Montana Code 7-1-111 denies self-governing local governments any power to control rent. Deposits are due back within 10 days, or 30 days with itemized charges, under Montana Code 70-25-202.

Unpaid rent allows termination after 3 days' written notice, per Montana Code 70-24-422. When selling commercial property in Belgrade, keep those notices dated.

What this means for an owner

Belgrade's median home value was $535,200 in ACS 2020-2024, 42.4% above Montana's $375,800. Under Montana Code 15-6-411, the reduced rental rate ends with the tax year of an ownership change.

If you plan to sell your apartment building in Belgrade, start with our cap rate calculator. Skyline Capital Investments buys 5+ unit apartment buildings in Downtown Belgrade, Four Corners and Manhattan.

To sell commercial property in Belgrade, MT, read our seller page on how we underwrite and close.

Local Knowledge

Selling In Belgrade

More about selling in Montana →
Investing in Belgrade? See apartment syndications in Belgrade →
  • ACS figures are 2020-2024 five-year estimates for Belgrade city, Gallatin County and Montana.
  • The $13,632.74 example uses 2025 mills; Gallatin County sets 2026 mills later in the year.
  • Owners who sell commercial real estate in Belgrade, MT pay no state or local transfer tax.

Learn More

Taxes & Rules For Belgrade Property

The Montana rules that shape any deal in Belgrade: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.

Belgrade Seller FAQ

How do I sell commercial property in Belgrade, MT?

Most owners list with a broker or sell directly to a buyer of 5+ unit buildings. Belgrade buyers compare rents with HUD's FY2027 two-bedroom benchmark of $2,109 and 5.6% rental vacancy. Skyline Capital Investments buys 5+ unit apartment buildings from Downtown Belgrade to Four Corners.

What are property taxes on a Belgrade apartment building?

A long-term rental is taxed on 1.10% of market value in 2026, per the Montana Department of Revenue. On $2,000,000, taxable value is $22,000. At Belgrade's 2025 levy of 619.67 mills, the yearly tax is $13,632.74.

Is there a transfer tax if I sell commercial real estate in Belgrade, MT?

No. Article VIII, Section 17 of the Montana Constitution says the state or any local government unit may not tax the sale or transfer of real property. Voters approved it by initiative in 2010, so Belgrade sellers pay no transfer tax at closing.

What should I know before I sell multifamily property in Belgrade?

Expect questions about rents and taxes more than building age. Belgrade's median year built is 2002, and only 19.4% of homes predate 1980. Buyers also know the reduced rental tax rate ends with the tax year of an ownership change.

Who rents apartments in Belgrade?

Renters occupy 43.9% of Belgrade's homes in ACS 2020-2024, and 45.4% of renter households spend 30% or more of income on rent. Airport jobs, Montana State University in Bozeman and commuters to Bozeman employers anchor that demand.

What if my Belgrade building has vacancies or deferred maintenance?

That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.

Can I sell my Belgrade apartment building off-market?

Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.

Who buys occupied rental property in Belgrade?

We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.

Do I need a broker to sell my apartment building in Belgrade?

No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.

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