Property Listing No Longer Available for Sale

17 14th St W, Billings, MT

Retail for Sale - $400,000 - 0.14 acres


Property Info

CIMLS#1037940
Location
  17 14th St W
  Billings MT 59102
UpdatedApril 25th, 2019
TypeRetail
Price$400,000
Land0.14 acres

Property Description

Fully Licensed & Compliant Daycare Facility for Sale - $400,000 17 14th St W Billings, MT 59102 *2,616 SF Daycare Facility *Completed renovated and upgrade within the last 3 years *New Roof in 2015 *Fully Remodeled in 2016 including Electrical & Plumbing *New Paint Inside & Outside *LED Lighting Throughout *Stainless Steel Appliances *New Tile and Luxury Plank Flooring Throughout *Vivant Security System (contract transfers to new owner) *Automated firm alarm & fire suppression sprinkler system with direct 24 hour Fire Department monitoring *Large outdoor play area *ADA bathrooms *Washer/dryer included *Central Air/Heat *4 exits and 2 egress windows in basement This midtown daycare facility is fully renovated and upgraded with the latest technology, fire detection equipment and tasteful finishes. This facility could either be used as an owner/user facility for a daycare operator that wants to own their facility instead of lease OR bought as an investment. Daycare Facility Investment Highlights: *$3,250/mo Rent *Performing at approximately a 7.6% CAP Rate *Most expenses are passed through to the tenant *No deferred maintenance *Large demand for daycare facilities in Billings = easy to find new tenants if this operator was ever to leave


Financials



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