2350 Vaquero PkwyBozeman, MT 59718

Property Details for 2350 Vaquero Pkwy

Year built

2024

Property size (Sq ft)

2,745 SF

Property type

Retail properties

Property subtype

Office properties

Description

This exceptional investment opportunity presents a portfolio of five high-end commercial condos totaling 2,745 square feet, situated within two buildings at 2350 Vaquero Pkwy, Bozeman, MT 59718. Completed in 2024, these units boast modern finishes including high ceilings, large windows, concrete floors, private entrances, kitchenettes, and private bathrooms with showers. A unique feature is a mezzanine level in each unit offering additional storage space at no extra charge. Currently, three of the five units are occupied under net lease agreements (NNN), providing a stable income stream. The current occupancy rate is 60%, generating a net annual rent of $99,000, with potential to reach $103,000 at market rates. The seller is offering a one-year rent guarantee for the vacant units upon sale. The property is zoned B2 and is ideally located on the northwest side of Bozeman, offering convenient access to schools, local businesses, and parks. This investment is perfect for those seeking a diversified portfolio with strong rental potential and a desirable location. The asking price is $1,500,000, representing a compelling 6.57% capitalization rate. This property is suitable for a variety of uses, including small offices, service-based businesses, and specialty retail.

Location Insight

City

Bozeman

County

Gallatin

State

Montana

Latitude

45.7033

Longitude

-111.089

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