11/24 2015

Joint Venture $2Million Investment

Kellen Capital Has a Joint Venture Opportunity with High Return, and very low Investment.

Seeking $2 Million to Complete the entire third floor of the Norgaard Building in Billings, MT

Norgaard Perspective

As Described on LoopNet:

“This is the former Dental Plaza Building that has recently been totally remodeled. A Prime Location with up to 13,500 sq ft of space for lease. This is a three-floor high-end commercial building with the top floor ready to build out to prospective lessor specifications. Second floor space is also available. This building is beautiful with high-end furnishings and many windows.

A great location just on the back side of West Park Mall. Large amount of parking spaces and in the center of Billings right off Grand Ave. (directly across from the mall) Prime Location! This is a Must See property!”

Joint Venture Partner Investment Amount:  $2 Million to Finish the Third Floor, and acquire 30% Ownership in the Norgaard Building

The owners have 5 million cash and 1 Million of Debt, the Building AFTER IMPROVEMENTS will be valued between 7.5 and 8 Million.

Click Below to View the brief proposal in your browser.

Norgaard JV Proposal

For Inquiries in this Opportunity contact  TonyBrown@KellenCapital.Com  or call: 703-675-0593