750 HwySomers, MT 59932

Property Details for 750 Hwy

Lot size

20.00 AC

Property size (Sq ft)

98,500 SF

Property type

Mixed-use properties

Property subtype

Other mixed-use properties

Description

This exceptional investment opportunity presents a 98,500 square foot mixed-use property in Somers, Montana, encompassing a thriving 257-unit boat, RV, and mini-storage facility. Situated on a expansive 20.001-acre parcel just north of Flathead Lake, this property offers significant upside potential. The existing facility, constructed on approximately 8 acres, provides a strong foundation for immediate income generation. A substantial 12 acres remain undeveloped, presenting a unique opportunity for future expansion. This could include additional storage units (open, covered, enclosed, or climate-controlled), shop spaces, or commercial development. Approximately 2 acres of Highway 82 frontage is available for commercial use, while roughly 10 acres at the rear of the property offer flexibility for various uses. The property's Scenic Corridor zoning allows for extensive uses, with only minor restrictions on highway signage. Current in-house management is in place, with a replacement management team already identified, ensuring a smooth transition for the new owner. Rebranding options are available to tailor the property to the new owner's vision. The asking price is $7,900,000, representing a compelling 6.75% cap rate. This property is an ideal investment for those seeking a high-yield asset with substantial growth potential in a desirable Montana location.

Location Insight

City

Somers

County

Flathead

State

Montana

Latitude

48.0945

Longitude

-114.205

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