Own this beautiful 20-acre parcel with views, varied topography, a nice mix of trees, one boundary along Stillwater State Forest land, and a cell tower leasehold that pays the landowner $900/month. The lease yields a 3.5% CAP rate this year. The lease rate escalates 3% annually yielding a return akin to a graduated annuity. The roadway is developed to and within the property. Electrical power is available on the property. Pick your build site and let the cell tower income help pay for your investment. Agent owned.
Assessor Number 0000685825
Directions Whitefish N Hwy 93 ~17 miles, right on S Meadow Creek Road (2nd R past railroad overpass near Stillwater State Forest Headquarters), then east ~1/4 mile to the NW property corner.
HOA Dues Amount 0
Legal TR 1EA in S2SE4SW4 of S08, T32 N, R23 W and TR 1A in NE4NW4 of S17, T32 N, R23 Wor Parcel A CS 21017
Listing Date 2019-10-24
Lot Size Estimate 10.1-20.0
Property Sub-Type Residential
REO/Bank Owned No
School District District No. 58
Short Sale No
Tax Remarks Pending Update
Tax Year 2019
Waterfront Footage Spring
Waterfront Name Unnamed Spring
Listing courtesy of David Oberlitner, PureWest Real Estate - Whitefish
I will be happy to help you through the selling or buying process. I look forward to meeting you.