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Sage Apartments presents a unique multifamily investment opportunity in Harlowton, Montana. This 12-unit property has operated within the USDA Rural Development (RD) program, providing an established affordable housing component and rental assistance structure. The property is scheduled to exit the RD program in January 2027 and transition into the SARA program, creating an important next chapter for ownership and operations. The property includes 12 residential units, on-site laundry, and established management history. Recent improvements include carpet and vinyl replacement in common areas, lighting updates, water heaters, and additional property improvements. An opportunity to acquire an established multifamily asset while navigating its upcoming program transition. Buyer to verify all program requirements and eligibility.

Property Details of 306 Central Avenue N

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Billings Association of Realtors

Based on information submitted to Billings Association of Realtors as of August 16, 2026 8:42 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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