Libby $1,800,000

919 Mineral Avenue Libby MT 59923

$1,800,000

30034568

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.

Listing Details

  • Year Built1946
  • Lot Size0.2190
  • Garage1

Location

Listing Agent: Ashley Miner
Listing Office: CENTURY 21 Summit Realty 904 Utah Ave Libby

The information on this sheet has been made available by the MLS and may not be the listing of the provider. Copyright (c)2024 Montana Regional MLS. All Rights Reserved. MRMLS All information provided is deemed reliable but is not guaranteed and should be independently verified.