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.

