103 Brookstone St Livingston, MT 59047
This exceptional 1-acre parcel in Livingston, Montana, presents a remarkable opportunity for multifamily development. Located at 103 Brookstone St., this shovel-ready lot is zoned R-3 High Density, allowing for construction of a multi-story building. All utilities are readily available at the site, including city sewer and water, streamlining the development process. The property offers unparalleled access to Livingston's vibrant downtown, Sacajawea Park, and the Livingston Center for Art and Culture. Livingston's highly-rated schools are also nearby, making this an ideal location for families. The stunning natural beauty of the Absaroka Mountains and the Yellowstone River provide a breathtaking backdrop. Residents will enjoy easy access to Yellowstone National Park (52 miles) and Bozeman (26 miles), offering a wealth of amenities and recreational opportunities. This prime location combines the advantages of a thriving community with the allure of Montana's natural wonders, creating a highly desirable setting for a new multifamily development. The asking price is $650,000, and full ownership is available. This is a unique chance to capitalize on the region's growth and create a thriving residential community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.