8 Fletching Way, Belgrade, MT 59714
Exceptional investment opportunity in Belgrade, Montana's thriving Jackrabbit Reserve community. This shovel-ready lot (Lot 8, Fletching Way) is zoned B2 - Community Business and offers a unique six-plex development, perfectly situated near Belgrade's town center. The property encompasses 0.43 acres and features 14 buildings, each designed with a live/work concept. Each of the six units boasts over 1200 square feet of main-level shop space, complemented by a luxurious 2-bedroom, 2-bathroom residence above. Built in 2024, this two-story apartment building presents a remarkable opportunity for significant rental income. The property benefits from convenient access to city services, I-90, Bozeman Yellowstone International Airport, and local amenities. The surrounding area includes a public trail system, enhancing the desirability of this exceptional live/work community. Consider purchasing the neighboring Lot 7 to expand your investment to a twelve-plex. This is a rare opportunity to capitalize on Belgrade's continued growth and the high demand for live/work spaces. The asking price is $3,995,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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