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.
This well-maintained 16-unit hotel is an excellent investment opportunity! Ideally situated close to local amenities, this property offers a convenient stay for guests while ensuring an inviting atmosphere. Clean and comfortable rooms which are meticulously maintained, providing a welcoming space for guests. Just minutes away from restaurants, shops, and attractions, making it a desirable choice for travelers. There is a dedicated, livable space for on-site management enhancing operational efficiency and guest satisfaction, and A relaxing outdoor area for guests to unwind or for potential outdoor activities. This hotel has a large parking lot accommodating guests and staff, ensuring easy access. The Sandman has a strong occupancy rates in a thriving area with potential for growth with added amenities or services. Cap rate is 5%. Contact Ashley Miner at 406-293-0951, or your real estate professional today!
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.
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.
Investment property for your future! 2, three bedroom, one bath duplex units in the heart of Libby. Easy access, each unit has a one car garage, very spacious, fenced backyard, conveniently located close to shopping, medical services, located fairly close to both the elementary and high school, school bus stops are close by. If you choose you can live in one unit and rent the other! Libby, MT is home to a generous amount of outdoor recreation, year round! Enjoy hunting, fishing, hiking, biking, water sports, ATVing, ice fishing, cross country skiing, downhill skiing, snowmobiling and much more! To view this great residence and investment property please plan to make an appointment and allow us to give tenants notice. Call Jeremy Hageness 406-291-0072, Shawna Norry 406-334-4300 or your real estate professional.
Libby is located in Montana. 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.
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.
