919 Mineral Ave - Hospitality FOR SALE


Libby, MT 59923
$1,800,000 USD
406-293-0951
919 Mineral Ave, Libby, MT for Sale
$1,800,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

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

$1,800,000 USD

PRICE/SF

$246 USD /SF

# OF ROOMS

15

PRICE/ROOM

$120,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Granite Apartments

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1946

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

N/A

APN/PARCEL ID

56-4175-03-3-18-09-0000

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 Policy.