4 Belmont Ave Hamilton, MT 59840
- Land
- 1.95 lot acres
Current Use by Public Records
- Land
Property Details for 4 Belmont Ave
- Lot size
- 1.95 lot acres
- Property type
- Land
- Property subtype
- Apartment buildings
Description
Exceptional investment opportunity awaits in Hamilton, Montana, with this approved multifamily development project situated on nearly two acres (1.954 acres to be exact). The property, located at NHN & Lot 4 Belmont Avenue, boasts a highly desirable location within walking distance of local amenities, including restaurants and shops, and is conveniently close to the Bitterroot River. Development plans have already been approved for 36 units, with an additional 18 units projected for a future phase. This presents a unique opportunity for investors to purchase the land outright, collaborate with the current developer, or engage the existing development company to complete the project. Significant progress has already been made, with certain permits secured and the developer actively pursuing special infrastructure funding from the city. This turnkey project offers a compelling combination of location, approved plans, and potential for substantial returns. The property's proximity to the river and local businesses ensures strong rental demand, making it an attractive investment for both experienced and emerging developers. Detailed plans are available for review. Don't miss this chance to acquire a thriving multifamily development in a rapidly growing Montana community. The asking price for this exceptional opportunity is $1,700,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Ravalli
- State
- Montana
- Longitude
- -114.16
- Latitude
- 46.2548
