Friday, June 21, 2013

Vacation rentals provide income, opportunity for Missoula-area property owners

June 17, 2013 1:17 pm  •  

The top-floor Wilma building condominium overlooking the corner of Front Street and Higgins Avenue puts guests almost eye level with the “M” atop Mount Sentinel and offers a bird’s eye look at the nearby Florence Hotel before the view opens up toward Missoula’s sweeping North Hills.
“You watch the river and town go by and nobody even knows you’re here,” owner Ross Peterson said of the view.
Inside, dark bamboo floors and wooden accents made from reclaimed lumber rescued from an old Anaconda train depot give the space a “Montana modern” feel.
Peterson bought the studio space inside the historic Wilma building five years ago and remodeled it as a vacation rental.
His “Wilma Condo” is a deluxe slice of Missoula that’s become a popular spot for travelers coming to town looking for an urban spot where they can stay while they play.
Travelers are turning more and more to the Internet to find alternative accommodations that offer a variety of amenities, and Peterson is one of an increasing number of property owners around Missoula who have found a niche renting their homes or condos to short-term visitors.
A quick “vacation rentals in Missoula” search online shows a growing variety of options. There’s everything from a Slant Street bungalow, to an entire set of Wilma condos and the more traditional lodge-like spaces that include river frontage but are close to town. Rates run the gamut and often include nightly or weekly pricing options.

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