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    Nhn None

    Kalispell, MT 59901
    • $690,000
    • STATUS: Active
    • ON SITE: 436 days
    • MLS #: 21911321
    UPDATED: 43 min ago
    $690,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Situated on a PRIME corner with highway frontage, this very profitable, well established Casino which includes a Beer & Wine license, all the Furniture, Equipment, Gaming Machines and Exclusive Players Club List. Casino has an AMAZING 18% cap rate with the business currently netting $125,000+ income a year (125.000 \ 690.000= 18%). Turn key for the new owner to start generating income, which includes 3 sub-leases. Corner has HIGH visibility and a traffic count of over 20,000 cars a day. Business comes with a 20-year existing land lease with the right of 1st refusal on land and building. Owner is willing to carry loan, at a reasonable interest rate, if buyer puts 1/3 down. Training of new owners optional

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    © 2020 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2020-09-18T11:19:09.797.
    www.whitefishescapesrealty.com/homes/96706614
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    Nhn None Kalispell, MT 59901

    • Price: $690,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 21911321
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    County:
    Flathead
    Area:
    Kalispell
    Property Description
    Situated on a PRIME corner with highway frontage, this very profitable, well established Casino which includes a Beer & Wine license, all the Furniture, Equipment, Gaming Machines and Exclusive Players Club List. Casino has an AMAZING 18% cap rate with the business currently netting $125,000+ income a year (125.000 \ 690.000= 18%). Turn key for the new owner to start generating income, which includes 3 sub-leases. Corner has HIGH visibility and a traffic count of over 20,000 cars a day. Business comes with a 20-year existing land lease with the right of 1st refusal on land and building. Owner is willing to carry loan, at a reasonable interest rate, if buyer puts 1/3 down. Training of new owners optional
    Exterior Features

    Construction Wood/Frame Location Kalispell Road Frontage City StreetState/Federal Hwy Waterfront None

    Interior Features

    Foundation Unknown

    Property Features

    Bank Owned Or REO No Business Name Best Bet Gaming Business Type Food/Beverage Covenant No Financial Information W/Signed BuyerW/Signed Non-Di. Inclusions Beer/Wine LicenseBusiness NameCustomer ListGaming LicenseSale Of Furn/FxSale Of EquipmentTrade Name Owner Will Provide Training Possession Closing Short Sale No Tax Year 2018 Taxes 0.00 Terms Of Sale CashConventionalSba Type Of Ownership Corporation Years In Business 20 Years +

    Listing provided courtesy of Karen Thomas of 5 Star Realty.


    © 2020 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2020-09-18T11:19:09.797.
     
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    533 2nd Street East
    Whitefish MT, 59937