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HOMES & INVESTMENT PROPERTY FOR SALE

On FSBO properties - We will pay a referral fee to licensed agents in the amount of 25% of a 3% commission.
On Listed properties - We pay a 6% commission that is split between buying agent and selling agent?s office.

Call Joel Brann 752-5250 or 471-5992 or Michael Blend 257-0541

Flathead Investment Club Properties

SINGLE FAMILY for SALE:
  1. 812 3RD Ave East in Columbia Falls. Purchase for $149,000 !!!
    3 bed 1 bath with approx. 2,000 sq. ft. House is currently undergoing renovation, this is a great house with a carport and is in a good location right next to a city park. Renovations will be completed by November 29th. FSBO

  2. 1450 5th Ave West in Kalispell. Purchase for $129,900 !!
    2 bed 1 bath, with approx. 880 sq. ft. townhouse with attached single garage. MLS#: 283228 This is a newer townhouse with a nice big yard on the west side. For information on this property contact Dusty Dziza with ReMax Glacier Country @ 212-7175.

  3. 1010 8th Ave West in Kalispell. Purchase for $229,900 !
    2 bed 1 bath house with attached garage. MLS#: 279556 This is a great development opportunity on 3+ acre property bordering Kalispell w/a house located on the property. City services are available w/ annexation into the city. The lower section borders Ashley Creek to provide a beautiful park/open space. Nice size property well suited for a small cluster development. Property consists of 3 separate parcels that allow for multiple building & Development opportunities. For information on this property contact Dusty Dziza with ReMax Glacier Country @ 212-7175.

SINGLE FAMILY for SALE, RENT or LEASE/OPTION:
  1. 465 Bear Trail in Whitefish $195,000 with lease option or
    Purchase immediately for $185,000. FSBO
    Classic Home on .49 acre - 3 bed 1-1/2 bath with approx. 1250 sq. ft.

    Beautiful two story remodeled home with hardwood floors, new appliances, forced elect heat. Charming older home that's been renovated with modern conveniences. Large lot with underground sprinkling and storage shed. Many ways to enjoy this home today! Rent at $925.00 per month, purchase, or lease option. LEASE TERMS: Two Year Lease at $925/month for the lease term. After the second year automatically becomes a month-to-month agreement at market rate rent for a comparable home. Security deposit for lease shall be $1000.

    OPTION TERMS: Two Year Option Agreement. Total Non-Refundable option fee of $5000. $2000 payable up front and $3000 payable after one year. Optionee may exercise the Option to purchase after the first year. Optionee may not exercise the option during the first year. Option price to be $195,000 if notice to exercise is delivered between the first of the 13th month and the end of the 24th month. Upon notice to exercise option the Optionee will have 60 days to complete the purchase. 100% of the option fee will apply to the down payment plus 50% of the rent will be applied to the purchase price. The $1000 Rental security deposit may be applied toward the down payment. If notice to exercise is not delivered by the end of the 24th month the option shall be expired. Optionee is responsible for all maintenance and any repairs that cost under $500 per repair. Repairs that are approved by the Optionor in advance that exceed $500 shall be split equally between the Optionee and the Optionor.

  2. 452 Bear Trail in Whitefish $225,000 with Lease Option or
    Purchase immediately for $220,000! FSBO
    NEW ? Never lived in home on .49 acre - 3 bed 2 bath with 1288 sq. ft.

    LEASE TERMS: Two Year Lease at $1250/month for the lease term. After the second year automatically becomes a month-to-month agreement at market rate rent for a comparable home. Security deposit for lease shall be $1000.

    OPTION TERMS: Two Year Option Agreement. Total Non-Refundable option fee of $5,000. $2000 payable up front and $3000 payable after one year. Optionee may exercise the Option to purchase after the first year. Optionee may not exercise the option during the first year. Option price to be $225,000 if notice to exercise is delivered between the first of the 13th month and the end of the 24th month. Upon notice to exercise option the Optionee will have 60 days to complete the purchase. 100% of the option fee will apply to the down payment plus 50% of the rent will apply toward the purchase. The $1000 Rental security deposit may be applied toward the down payment. Optionee has 60 days after the completion of the second year to exercise the option. Optionee is responsible for all maintenance and any repairs that cost under $500 per repair. Repairs that are approved by the Optionor in advance that exceed $500 shall be split equally between the Optionee and the Optionor.

INVESTMENT PROPERTY:
  1. 419-431 2nd Ave West in Kalispell: 8-unit income property: Sale Price is $750,000. FSBO The zoning here is B-4 so a person may also be able to furnish a couple of units and rent them on a weekly basis for a higher rate for companies that need corporate rentals. This property consists of three parcels of land, 419-421 is two units on one 25? wide parcel; 423-425 is two units on one 25? wide parcel and 427A, 427B, 429 & 431 are four units on one 50? wide parcel. Each of the three may be sold separately, however, I would prefer to sell this entire property as a package. Gross Rents are $63,840 for all 8 units.

  2. 1035-1037 5th Street West in Kalispell: 2-unit: Sale Price $185,000. FSBO This is an older duplex (50 +/- yrs old) on a large Kalispell lot. It has a two car detached garage and paved driveway. The main floor has two bedrooms and one bath and there are two additional bedrooms in the full basement. The basement bedrooms have egress windows and closets so they really are bedrooms. This 4 bed one bath unit rents for $950/month. The upper unit is accessed from the rear stairs and it is 2 bedroom one bath and rents for $525/month. The downstairs tenant has an option to buy this property for $219,000 and has paid me $10,000 option consideration toward that purchase. The buyer of this property must understand that it comes with the option, so if the Optionee exercises their option you will have $209,000 coming to you in less than one year. Since I only need $185,000 for this property, there is a potential $24,000 gain in less than one year. The Optionee is not required to exercise their option however, but at $185,000 it is a very good price on a duplex as a long term hold as well.

  3. 100, 110 & 120 Cedar Commons Lane in Kalispell: (3) 4-unit: Sale Price is $410,000 per 4-plex, or $1,220,000 for all twelve units. FSBO These are three 4-plex?s that were completed in the Spring of 2007. They are all 2 bedroom, 2 bath units that rent from $725 to $750 per month. These are in a convenient and desirable location and are easy to rent due to their high visibility location on 3rd Ave East in Kalispell. Price is $410,000 for each 4-plex. (Last appraisal was $446,000 each).

  4. 1029 ? 1031 5th Street West in Kalispell: 2-unit: Sale Price is $185,000. FSBO This is a newer (5yrs old +/-) duplex in a nice west Kalispell location. The main floor is an accessible 3 bedroom, 2 bathroom unit with radiant heat in the slab and the second floor is a 2 bedroom one bath unit. The main floor unit rents for $800/month and the upper is $645.

? We also buy seller financed notes secured by real estate ?
Call Joel Brann 752-5250 or 471-5992 or Michael Blend 257-0541

Flathead Investment Club Properties

Our Company does employ licensed real estate agents from time to time. Michael Blend and its employees are not representing you in any transaction; therefore, we advise that you seek your own counsel should you have any legal questions

 

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