Let’s face it, Jackson Hole is a sweet spot! So sweet in fact that we have a housing crisis in Jackson Hole, especially in the summer. During the summer months, people flock to the valley for the perfect summer weather, abundant activities, and ample job opportunities. Unfortunately, the housing demand cannot keep up. Businesses here struggle to find employees all summer and as a result, lose some of their potential income!
If you are considering a business in this town, you need to provide housing to guarantee that you will withstand the competition! But don’t fret! It’s back! 525 Coulter Ave, a multi-family investment opportunity, is available to purchase!
This 4-plex is located right in town, includes parking, and can easily house LOTS of employees. Listed at $1,749,000, the current owner is getting $1750 per apartment which is undervalued. Most places in town are going for $900-$1000 per room and 2 bedroom apartments are going for $1800 to $2400.
Each 900 SQ FT apartment includes a nice outdoor space with views of the town of Jackson, two bedrooms, and a bathroom. The entire building recently got a new roof and siding and each apartment is separately metered so the tenants pay the utilities. Built in 1969, the complex has been taken care of and is in good shape. The entire apartment complex sits on .32 acres on a bluff just up Flat Creek Road.
If you want to compete in this town, you need to help solve your housing crisis in Jackson Hole for your future employees. By providing employee housing for your business, you will be able to withstand the short yet profitable summer months in the valley. Furthermore, you will have happier, less stressed employees! It’s a win-win for all!
Jackson Hole is becoming a more popular place to visit and live as the days go on. Getting into the market now is advisable as eventually, it will become even pricier! Call the NeVille Group today to check out this great investment opportunity!