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Old Libby, Montana High School on the market for $1.1 million
Two years ago, local developers were full-steam ahead on a project to refurbish and convert the old Libby High School into an apartment complex.
But now, the property, which includes about 1.7 acres of land, is on the market. It is listed at just a smidgen under $1.1 million.
The property, also known as Libby Lofts, is solely owned by Zach and Tracy McNew, also known as ZT Development.
The McNews said in order to help attract the resources and expertise needed to complete a complex historic redevelopment project, the property was recently listed for sale, which has drawn attention from community members who have noticed the large “For Sale” sign now posted on the site.
The McNews say the listing is intended to generate interest from outside investors or development partners who have experience with historic rehabilitation projects.
