Property Overview
Price/Rent PSF $ 400,000.00
Asset Type Specialty
Trade Type Sale
SQ. FT. Available 2,616
Date Available 12/18/2018
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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 is available as an investment property. Daycare Facility Investment Highlights: *$3,000/mo NNN Rent *Performing at approximately a 9.0% CAP Rate *All 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

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