919-919 Mineral Ave - Apartments FOR SALE


Libby, MT 59923
$1,700,000 USD
406-293-0951
919-919 Mineral Ave, Libby, MT for Sale
$1,700,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

919-919 Mineral Ave
Libby, MT 59923


OVERVIEW

Be the first to scoop up this apartment complex with incredible potential right downtown! This unique apartment complex, formerly a motel, offers a fantastic investment opportunity with immense potential for upgrades and renovations. Situated in a prime location, you’ll have easy access to parks and local attractions. There is a Manager’s Quarters on-site: Ideal for on-site management or additional rental income. These spacious units and roomy layouts can be transformed into modern living spaces. With some repairs and renovations, you can enhance the property’s value and appeal. This property is somewhat of a blank canvas, ready for your vision. Whether you want to renovate and increase rental income or convert the space for a different purpose, the possibilities are endless. The unfinished basement in both buildings offers even more potential for rentable space. More pictures coming soon. Cap rate is 4%. Contact Ashley Miner at 406-293-0951, or your real estate professional.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$186 USD /SF

# OF UNITS

20

PRICE/UNIT

$85,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Granite Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

-

APN/PARCEL ID

56-4175-03-3-18-09-0000,56-4175-03-3-19-01-0000

ASK ABOUT THIS PROPERTY

Ashley MinerCentury 21 Summit RealtyMore Info
406-293-0951

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Ashley MinerCentury 21 Summit RealtyMore Info
406-293-0951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.