Multi-Family Housing: Paradise Valley Development, Montana USA
Motivated Seller - All Reasonable Offers will be Immediately Considered
Just North of Yellowstone National Park, Yellowstone River adjacent, proximate to Sage Lodge and nearby Chico Hot Springs.
Parcel 2: Lake Side - Rental Units include (12 ea) 1 Bed Units, (6 ea) 2 Bed Units, Other programming includes Social & Common Areas, (1) Elevator. Bonus +/-4658 SF unfinished available for further build out including: more rental units, dining, kitchen, exercise, office, etc. Total Square Feet: 26,178 SF (to be field verified), plus individual storage closets approximate 876 SF (additional).
Parcel 4: Adjoining is dedicated to Service Systems managing +/- 6000 gallon per day waste water (service capacity exceeds current service requirements). Parcel 4 transfers with purchase of Parcel 2. Parcel 4 expanded use possibilities include an RV Park (to be verified). Parcel 2 (10.129 Acres) + Parcel 4 (3.686 Acres) = Total 13.815 Acres.
Property is very clean and well maintained. Archival Architectural Drawings are available. A great buy and a must see (+/- $143 sf) !
Possible uses include Weekly Vacation Rental, Condominium Sales Long Term Tenant Occupancy. Priced below area average market replacement cost. (Buyer to verify representations and all information to own satisfaction). Rent Role and other financials available to qualified Buyers.
Consider closely the following:
1.) Current Land Value
2.) Service Infrastructure Value (Engineered Septic System & Domestic Water Supply)
3.) Construction Value (Cost to Replicate Structure)
4.) Converted Use Value (Weekly Rentals, Condos and other)
5.) Interior unfinished space value, increasing the total number of units available.
6.) Parcel 4 - Potential RV Park Value (County Approval required)
7.) Value of the adjoining undeveloped build location located on Parcel 2 (potential Lot Sale or further development).
If evaluated as enumerated the current asking is less than market and perhaps represents an exceptional buy opportunity!
Additionally, given a very unique location, further value consideration should be given for record setting Yellowstone Park Traffic, immediate proximity to the Yellowstone River (Fly Fishing float excursions), proximity to Sage Lodge and Chico Hot Spring amenities and lastly a huge present day market demand for small unit offerings (Condos). Condos will require field inspection and building code compliance updates if found to be needed.
Summarizing, there are no known properties that are currently available anywhere in SW Montana that offer the many attributes shared.
Contact Dan, Montana's RealArc for more information today: email@example.com or 406.600.2284