Description
Mixed use building with six luxury residential suites and two office suites located in the heart of Kalispell, Montana, a gateway community to Glacier National Park. 4.5 cap rate can go higher. Original architect has recently completed building plans for converting office spaces into two more residential suites for a total of eight residential suites. This could potentially increase income by 20% or more. Six residential suites are fully furnished including equipped kitchens, large bedrooms with king size beds, family rooms with sleeper sofa beds. Security cameras and keyless electronic locks on all guest doors. Original owner/seller has operated business as boutique/extended stay hotel for 14 years. Call Kent Lembke 406-250-2809 or your real estate professional. Broker owned.
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Listing Agent: Kent Lembke Courtesy of: America Interactive Real Estate IDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 15th August, 2022 7:10 PM (UTC)
