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0000 Discovery Dr 56 Unit Apartment Building $1,534,720 CAD ($27,406 CAD/Unit) Butte, MT 59701

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EXECUTIVE SUMMARY

Seize the opportunity to develop a 56-unit apartment complex in the heart of Butte, Montana—widely known as "The Richest Hill on Earth." This to-be-built project is strategically located in Butte’s city center, a thriving community that continues to grow while preserving its rich heritage and vibrant sense of community. Butte’s appeal extends beyond its historical significance. The city is a hub for outdoor enthusiasts and offers top-tier educational institutions like Montana Tech, known for its nationally and regionally ranked programs in engineering, sciences, and healthcare. Additionally, the area is supported by major employers, ensuring a stable and growing population. The fully entitled site is shovel-ready, with approved plans and permits for two buildings, each housing 28 units across two stories. The unit mix is designed to cater to a diverse tenant base, with 24 studio units, 24 two-bedroom/two-bathroom units, and 8 one-bedroom/one-bathroom units, all featuring resident storage lockers. Located near the Butte Family YMCA, Montana Dance Works, and the Copper Mountain Sports and Recreation Complex, this project offers future residents an unparalleled living experience with easy access to downtown Butte and Interstate 90. This is a rare opportunity to invest in a high-demand, growing market. Don’t miss out on capitalizing on Butte’s ongoing development and growth trajectory.

PROPERTY FACTS

Price $1,534,720 CAD
Price Per Unit $27,406 CAD
Sale Type Investment
No. Units 56
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 3.12 AC
Construction Status Proposed
Building Size 10,000 SF
No. Stories 2

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-1197-25-4-01-03-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$425,305 CAD
  • Listing ID: 33114638

  • Date on Market: 2024-09-09

  • Last Updated:

  • Address: 0000 Discovery Dr, Butte, MT 59701

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