4 Belmont AveHamilton, MT 59840

For Sale
$1,700,000
Prime 1.95 acre lot, 36+ unit potential.

Overview

Added:
Dec 11, 2024
Days on market:
125
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.

Highlights

  • $1,700,000 asking price.
  • 1.95 acres multifamily land parcel in Hamilton, MT.
  • Approved plans for 36-unit apartment building with potential for an additional 18 units.
  • Walkable to restaurants and shops, near Bitterroot River.
  • Option to purchase outright, partner with developer, or hire developer for completion.

Property Details for 4 Belmont Ave

Property type
Land, Apartment buildings
Lot Size (sq. ft)
85,116 SF

Location Insight

City
Hamilton
County
Ravalli
State
Montana
Latitude
46.254848
Longitude
-114.16035
4 Belmont Ave, Hamilton, Montana

FAQs

What type of property is this?
Land - Prime 1.95 acre lot, 36+ unit potential.
Where is the land located?
The property is located at 4 Belmont Ave Hamilton, MT.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: $1,700,000 asking price.; 1.95 acres multifamily land parcel in Hamilton, MT.; Approved plans for 36-unit apartment building with potential for an additional 18 units.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4 Belmont Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message