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NNN Commercial Condo Near Bozeman Montana

Contact Information

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1 @ $275,000.00

Description

Date posted: 09-Jun-2020

Condition: New

Will accept up to 25k of the purchase price in ITEX. 

Ground floor 2,054 gross sf commercial condo on Main St Manhattan MT. Just rehabbed. Listed with prop mgmt. Lease rate $11/sq ft + NNN.

Address: 122 E Main #101, Manhattan MT

Sale price: $275,000 ($250,000 cash + 25k ITEX)

  • Located in path of progress just outside of Bozeman
  • Ready for lease up @ $11/sq ft + NNN. (projected 8 cap upon lease up)
  • Property management in place and just listed for lease beginning of Feb 2020. 
  • Rehab completed February 2020
  • Estimated Gross Rents = $11/sq ft + NNN
  • Gross Sq Ft = 2,054 sq ft 
  • Renovations List
    • New sheetrock, lights, electrical, leveling floor, new concrete ramp, closet added, new doors, trim, sheetrock, HVAC repaired, drop ceiling 
  • This will be a passive NNN holding for someone looking for passive income due to excellent property management company in place. 
  • Seller will consider other property in trade. 

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David Mroz, ILB

Trisha McGee
3653 S. 500 W
Salt Lake Cty, UT 84115
(P) 866.211.3960
(F) 469.272.5062
Web Site: http://den-peo-ogd.itex.com