Libby MT Multi Family for Sale
$3,500,000
808 Mineral Avenue Libby, MT 59923
- Type:
- Apartment
- Sq.Ft.:
- 6,498
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.43 Acres
- Year built:
- 1938
- Baths:
- MLS#:
- 30034578
ADDITIONAL INFORMATION
Discover an incredible opportunity to own a beautifully remodeled 17-room motel, proudly rated #1 in town! This thriving property is perfectly situated in the heart of downtown, and has a stellar reputation. The Evergreen boasts a strong customer base and excellent online reviews. The property features well-maintained gardens enhancing its curb appeal and creating a relaxing environment for guests. Located within walking distance to major amenities, including restaurants, shops, and entertainment, ensuring a steady flow of guests. With a robust reputation and prime location, this is an incredible investment opportunity. The Evergreen is not just a place to stay—it's a thriving business with excellent growth potential. The cap rate is 7%. There is an additional opportunity; the option to buy the house next door which is perfect for an owner-occupied residence or staff accommodation. Please inquire for more details. Contact Ashley Miner at 406-293-0951 or your real estate professional.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.05 Acres
- Baths:
- MLS#:
- 30029434
ADDITIONAL INFORMATION
Mobile home parks are a low-risk, recession-resistant investment! Have a look at this affordable property before the large investors snap it up. 8.7 Cap! 5 mobile homes and 3 rented spots on over 2 acres. Established tenants in all with good rental history. Month-to-month contracts in place. This property with just over two acres has room to expand. Add more units or build storage units on the open acreage to add more to your bottom line. No zoning. Septic in good condition, city water. Central in the city of Libby, one of the last undiscovered gems in Montana. Owner is a MT licensed real estate agent. Call Kelly Saari at 406-607-2092 or your real estate professional. Information deemed reliable but not warranted by listing office or the listing agent. Buyers & agents should independently verify to your satisfaction.
Libby Real Estate
The median home value in Libby, MT is $334,900. This is lower than the county median home value of $394,000. The national median home value is $338,100. The average price of homes sold in Libby, MT is $334,900. Approximately 58.04% of Libby homes are owned, compared to 33.02% rented, while 8.94% are vacant. Libby real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Libby real estate agent to arrange a tour today!
Libby, Montana has a population of 2,745. Libby is more family-centric than the surrounding county with 21.2% of the households containing married families with children. The county average for households married with children is 19.18%.
The median household income in Libby, Montana is $39,044. The median household income for the surrounding county is $41,922 compared to the national median of $69,021. The median age of people living in Libby is 50.1 years.
Libby Weather
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 19.5 inches per year, with 49 inches of snow per year.