PONDEROSA VILLAGE
Project Category: Substantial Improvement Property
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Summary
44 AFFORDABLE RENTAL UNITS IN DOWNTOWN MISSOULA, MONTANA IN A CO-LIVING CONCEPT TARGETED TO SINGLE WORKING PEOPLE. THE PROJECT IS CLOSE TO HOSPITAL AND CLINICS AS WELL AS MANY RESTAURANTS, HOTELS, AND OFFICE BULDINGS
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Details
Project Qualification: Substantial Improvement PropertyReal Estate: ResidentialNon-Real Estate: MTTotal Capital Required: $3,000,000Equity Required: $1,000,000Debt Required: $2,000,000Project Control: We own all the key propertyTimeline: Less than 30 daysAddress: 555 Scott St Missoula Montana 59802 United StatesFile: Ponderosa-sketch-up.pdf -
Map
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Project Narrative
Project Narrative:THE PROJECT WILL CONSIST OF FOUR IDENTICAL BUILDINGS OF THREE FLOORS WITH FOUR UNITS ON EACH FLOOR. EACH BUILDING WILL HAVE A COMMON AREA FOR LAUNDRY, KITCHEN, AND SOCIALIZING. THE RENT WILL COVER ALL HOUSING COSTS INCLUDING UTILITIES AND INTERNET. ALL FOUR BUILDINGS WILL SURROUND AN OUTDOOR COMMON AREA FOR SOCIAL ACTIVITIES. refer to newspaper article: https://missoulian.com/news/local/m--room-communal-housing-planned-for-missoula-s-westside/article_a990c200-8a62-584d-b40a-02037eed13e3.html#utm_source=missoulian.com&utm_campaign=%2Fnewsletter-templates%2Fnews-alert&utm_medium=PostUp&utm_content=847bb41e442a873a0c5b68c6ae8e6e7d263aa607