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Nhn Montana Ave Missoula, MT 59802

Sponsored
For Sale
$970,000

Missoula Hotel with High Rental Income

Property size:
1,647 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity in Missoula, Montana, presents a unique blend of established income and significant development potential. Priced at $970,000, the property encompasses 0.88 acres of land, strategically located just seven minutes from downtown Missoula and the University of Montana campus. The offering includes two existing single-family homes, each boasting two bedrooms and one bathroom, currently generating rental income. One home even features a lower-level mother-in-law suite with a private bath and separate entrance, enhancing rental flexibility. Adding to the income stream is an adjacent mobile home park with nine leased lots, the majority of which are currently occupied. The property's 1,647 square feet of existing building space, built in 1940, provides a solid foundation for continued rental operations. The 8 separate lots offer considerable potential for future development or expansion, capitalizing on the property's prime location near the university and the city center. This presents a rare chance to acquire a multi-faceted income-producing asset with substantial upside potential in a thriving Montana market. The current owner demonstrates a proven track record of generating a positive return, but significant opportunities exist to further optimize income and enhance the property's overall value. This is an ideal investment for those seeking a blend of immediate cash flow and long-term growth prospects.

Property Features for 0 Nhn Montana Ave

General Information

Property type
Hotels
Square Feet
1,647 SF
Lot Size
38,333 SF

Building Details

Year Built
1940
Units
2

Property Profile Location Intelligence

Current Use by Public Records

Hotels

Map

City
Missoula
County
Missoula
State
Montana
Longitude
-113.939507
Latitude
46.872505

FAQs

What type of property is this?
Hotel - Missoula Hotel with High Rental Income
Where is this hotel located?
The property is located at Nhn Montana Ave Missoula, MT.
What is the asking price?
The asking price for this property is $970,000.
More about this property
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