Nhn Monterra, Whitefish, Montana 59937

$6,210,000
List Price
$6,210,000
Status
ACTIVE
MLS#
22208754
Acres
6
Subdivision
Monterra at Whitefish

Property Description

Investor or developer opportunity! Right to build a total of 54 condo units in Whitefish's premier condominium community, The Monterra. Centrally located to downtown Whitefish, Glacier National park and Kalispell; off of HWY 93 and HWY 40, near North Valley Hospital and the Whitefish soccer fields. Amenities of the Monterra phase I include a clubhouse, work out facility, pool, spa, green space and more. Phase II will have additional amenities; Pavillion with pool, jacuzzi, steam room, conference center, bike and ski tune area. Some of the document files are too large to upload to the MLS, please call to request. Call Jeff Swenson at (406)253-0033, or Scott Strellnauer at (406)249-3557, or your real estate professional. PROJECT SUMMARY: Five buildings and clubhouse with pool and stream (you can address the stream with the HOA. We've always said that we planned to build the stream, but there are maintenance costs associated with maintaining it). We've forecast a construction start in September 2022 First building with eleven units delivered in December 2023 (six units) and January 2024 (five units) Second building with ten units delivered in Feb 2024 (five units) and Mar 2024 (five units)  one smaller unit is the clubhouse Third building with eleven units delivered in July 2024 (six units) and August 2024 (five units) Fourth building with eleven units delivered in Oct 2024 (six units) and Nov 2024 (five units) Fifth building with eleven units delivered in Jan 2025 (six units) and Feb 2025 (five units) One of the units in the second building will be the clubhouse and there's a pavilion adjacent to the pool with a sauna, changing rooms, and a smaller party room Hard costs to be addressed: Permits and fees FF&E for model unit and clubhouse Five residential buildings (all same floor plans, with exception of building 2 clubhouse space) Pool, stream, tennis court , maintenance building +/- 400 sf (not designed) Contingency

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Listing courtesy of PureWest Real Estate (2920) - Whitefish.

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