$1,783,000

220 Spring

Gardiner MT, 59030

Description

There are three buildings on three parcels that contain a total of 10 vacation rental units. These units sit on a high bank of the Yellowstone River in the gateway community of Gardiner Montana. Current owner uses two units personally. The list price represents a 9% cap rate on the revenue generated by the 8 units currently used as vacation rentals. Using the additional two units should generate a little over $60K in gross revenue. Do the math, this property pencils out well

Details

MLS#334473
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site236

Features

SQ Feet3,420
Story(s)0

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Area Information

StateMT
CountyPark
CityGardiner
Zip Code59030
AreaPark County
Listing VS Median (in 59030)
Price:
$1,783,000
low | high
Med:
$899,000
99.579360628155% of Average
SqFt:
3,420
low | high
Med:
424
100% of Average
$ / SqFt:
$521
low | high
Med:
$2,120
100% of Average
On Site:
236
low | high
Med:
14
100% of Average
Listing Updated: 01/18/2020
MLS Number: 334473
Listing Provided By:
Chris Lyness  of  ERA Landmark Western Land
All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS.