919 Mineral Ave, Libby, MT

Multi-family for Sale - $1,800,000


Agent Info

Ashley Miner
CENTURY 21 Summit Realty

Property Info

CIMLS#1166997
Location
  919 Mineral Ave
  Libby MT 59923
UpdatedOctober 15th, 2024
TypeMulti-family
Price$1,800,000

Property Description

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.


Financials



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