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Granite Apartments 919-919 Mineral Ave 20 Unit Apartment Building $1,700,000 ($85,000/Unit) Libby, MT 59923
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $1,700,000 | Apartment Style | Low-Rise |
| Price Per Unit | $85,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.47 AC |
| Sale Condition | Business Value Included | Building Size | 9,122 SF |
| No. Units | 20 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2010 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $1,700,000 |
| Price Per Unit | $85,000 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 9,122 SF |
| No. Stories | 1 |
| Year Built | 2010 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $862,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$862,800
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MATTERPORT 3D EXTERIOR
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Granite Apartments | 919-919 Mineral Ave
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