The Brief

Acquisition / Purchase of a suitable property to provide multiple uses and income streams. The ideal investment would combine a residential rental with sufficient commercial capacity to incorporate office and retail/recreational components.   




To create a multifaceted workspace within which various aligned businesses can co-exist. Combining these elements with other complimenting recreational and or retail option to generate traffic and exposure.  


Nikles is a Live Work development I have kept an eye on for some time as it provides all requisite elements. The below may be overpriced but is for illustrative purposes. 

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Commercial Space

Income Sources


    Residential Rental

    Either Long Term or Vacation Rental of the Residential Element.

    Indications are that the more secure route would be longer term. As this should support a monthly income of at least $2,000. The daily rate of approximately $130 per night for a similar vacation rental would suggest it would need to be rented for a minimum of 50% of the year to make similar returns.

    Residential Rental

    Golf Simulator

    Despite prices becoming more reasonable for high quality simulators Bozeman still does not have a great many commercially available. Those that are generally rent for approximately $50 an hour. During the winter months demand can be expected to be high. During the Summer the space can be repurposed as the hardware is limited and easily dismantled. 

    Golf Simulator
  • Deskspace rented to YRG (my Brokerage). For 2-3 Agents (including me). I would anticipate this would net only between $300-$500pm. 

    Yellowstone Real Estate Group

    Potential Retail Element

    To be discussed. Foot traffic through the simulator might lend itself to some limited retail capacity. Artwork, affiliate programs, etc. 

    Adamfor - ThemeForest

Business Operations


I have long wanted to find an office environment along these lines. My desire is to be around other like minded people in a relaxed but productive co-work environment. The success of laces such as The Sidecar Club suggest this is realistic, albeit this would be on a much smaller scale. 


Marc Loow Architecture and Project Management

Very much just my “pet project” you may say. I have made my thoughts known! One further question I would put to you would be if you did venture out on your own, would it have to be acrimonious? I wondered if you might still be able to work on a contract basis with OSM?