TITLE:
135 Riverfront Acres NW Montana in 4 Lots. Timber. Borders Public Land. Easy Access.
CONTROL:
Exclusive
VALUE:
$1,450,000
LOAN:
$500,000
EQUITY:
$950,000
TYPE:
Development
HAVE:
135 riverfront acres, timbered. Offered whole or in division of 4 lots. Near St. Regis, MT, easy year-around access off I90 freeway. Harvest timber, then build houses w/river and mountain views!
WEBSITE URL:
ADDRESS:
NHN Cold Creek Road, St. Regis, Montana
BENEFITS TO NEW OWNER:
Timber, next to public land. 4 lots w/septic approval. Could harvest then build! River frontage and killer NW MT Mountain views. Near Tourist areas, 2 hrs. to Glacier NP, 4 hrs. to Yellowstone.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$465
NOI:
$-465
DEBT SERVICE:
$30,000
CASH FLOW:
$-30,465
CAP RATE:
0.00%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$500
$2,500
6%
01/01/2035
No
BENEFITS SOUGHT:
Take proceeds & move on to other development opportunities in the SE. (Owners now living in TN)
CAN ADD:
Possibly some TN lots owner is developing; other lots in SE US.
REMARKS:
Property is private, yet close to a travel/tourist plaza. In desirable area, could be a hunting/fishing property, passive hold; then timber harvest, 4 high-end residential builds or possible RV Park. Rare mountain/river/view property!
COUNSELOR:
Theresa Lunn
United Country-Western
400 Expressway, Ste A
Missoula, Montana, 59808
