121 Iowa AveWhitefish, MT 59937

Property Details for 121 Iowa Ave

Year built

2002

Lot size

1.03 AC

Property size (Sq ft)

16,624 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a 32-unit condo complex ideally situated in Whitefish, Montana. Boasting a prime location within walking distance of Whitefish Lake and minutes from Whitefish Mountain Ski Resort, this property offers unparalleled convenience and access to recreational activities. The complex comprises 30 one-bedroom, one-bathroom units, one three-bedroom, one-bathroom unit, and a dedicated laundry room generating additional income via four coin-operated washers and dryers. Currently, 30 units are rented, with two units undergoing remodeling for completion in May 2024, and one unit serving as a property management office. The property includes 61 parking spaces and an eight-car heated garage, providing ample parking for residents and guests. The 16,624 square foot complex sits on a 1.03-acre lot. All units feature electric baseboard/radiant heat. The sale includes the transfer of the HOA presidency to the buyer. Detailed financial information and a complete list of furnishings, fixtures, and equipment are available in the attached documents. Assessor numbers for the individual condos are available upon request. This is a rare opportunity to acquire a well-established, high-occupancy income-generating property in a highly desirable location. The property's strong rental history and prime location make it an attractive investment for discerning buyers.

Location Insight

City

Whitefish

County

Flathead

State

Montana

Latitude

48.4164

Longitude

-114.343

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