river edge resort - bizbuysell.com · lifestyle group cozy country living affluent estates rustic...

RIVER EDGE RESORT168 S FRONTAGE ROAD E, ALBERTON, MT

Montana Resort that is in full operation and ready for you tooperate. Includes full service Restaurant, Bar, Casino, 10 unitMotel, 14 unit RV park, and a 4-plex apartment building that iscurrently fully rented for additional income. Well establishedand has been operated by the same family for many years.Also included is all of the furniture, fixtures and equipment,with inventory to be purchased at closing. Big Game mountsand a few personal items are excluded. River landing on theproperty to take advantage of floaters and fishermen.Located in prime fishing, big game, and outdoor country, rightoff Highway 90 with high traffic counts. Full highway signageand all social media, logos, and current marketing themesincluded in sale. Please call Mark McQuirk at 406-880-7253 oryour Real Estate Professional for more information or for apersonal showing today!

FOR SALE $1,500,000

Considered the "Gateway" to Alberton Gorge, a popular and scenic whitewater way favored by rafters,kayakers, and avid anglers, the Town of Alberton offers essential business amenities, including gas,groceries, fine dining, bars and casinos and so much more.

MARK MCQUIRK [email protected] • • (406) 880-7253 (Mobile) • 3420 South Reserve StreetMissoula, MT 59801

©2018 RE/MAX, LLC. All Rights Reserved. Pub 9/18 Each Office Independently Owned and Operated. 18_300211

COMMERCIAL TRADE AREA REPORT

Alberton, MT 59820

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Mark McQuirkREALTOR® | Montana Real Estate License: 13234

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Copyright 2018 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.

9/19/2018

mailto:[email protected]

http://biz406.com

Criteria Used for Analysis

Income:Median Household Income

Age:Median Age

Population Stats:Total Population

Segmentation:1st Dominant Segment

$51,997 49.0 1,366 The Great Outdoors

Consumer Segmentation

Life Mode Urbanization

What are thepeople like thatlive in this area?

Cozy Country LivingEmpty nesters in bucolic settings

Where do peoplelike this usuallylive?

RuralCountry living with older families, low density and low diversity

Top TapestrySegments

The GreatOutdoors Exurbanites Rooted Rural

% of Households 342 (56.6%) 245 (40.6%) 16 (2.6%)

% of Mineral County 356 (18.4%) 0 or no data (0.0%) 1,019 (52.7%)

Lifestyle Group Cozy Country Living Affluent Estates Rustic Outposts

Urbanization Group Rural Suburban Periphery Rural

Residence Type Single Family Single Family Single Family orMobile Homes

Household Type Married Couples Married Couples Married Couples

Average Household Size 2.43 2.48 2.47

Median Age 46.3 49.6 44.1

Diversity Index 33.7 32.6 28.2

Median Household Income $53,000 $98,000 $38,000

Median Net Worth $124,000 $451,000 $72,000

Median Home Value $189,000 $346,000 $104,000

Homeownership 78.1 % 85.4 % 80.5 %

Employment Professional orServices

Professional orManagement

Services, Professionalor Administration

Education College Degree College Degree High School Graduate

Preferred Activities Might invest in realestate. Own pet dogsor cats.

Contract for home careservices. Prefernatural, organicproducts.

Shop with coupons;buy genericproducts. Go hunting,fishing.

Financial Belong to AARP,veterans' clubs

Invest actively; usefinancial planners

Pay bills in person

Media Watch CMT, HistoryChannel, Fox News

Support publicTV/radio

Listen to faith-basedradio, gospel music

Vehicle Own 4-wheel drivetrucks

Choose late-modelluxury cars, SUVs

Own, maintain cars,ATVs

Alberton, MT 59820

Copyright 2018 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/19/2018

Who We Are

Neighborhoods in The Great Outdoors

segment are found in pastoral settings

throughout the United States. Consumers

are educated empty nesters living an

active but modest lifestyle. Their focus is

land. They are more likely to invest in real

estate or a vacation home than stocks.

They are active gardeners and partial to

homegrown and home-cooked meals.

Although retirement beckons, most of

these residents still work, with incomes

slightly above the U.S. level.

Our Neighborhood

More than 55% of households are married-couple families; 36% are couples with nochildren living at home.

Average household size is slightly smaller at2.43.

Typical of areas with rustic appeal, the housinginventory features single-family homes (76%)and mobile homes (16%); a significantinventory of seasonal housing is available.

Residents live in small towns and ruralcommunities throughout the West, South andNortheast regions of the country.

More than half of all homes were constructedbetween 1970 and 2000.

Most households have one or two vehicles;average travel time to work is slightly higher(28 minutes) despite a disproportionatenumber that work from home.

Socioeconomic Traits

Nearly 60% have attended college or hold adegree.

Unemployment is lower at 8%, but so is laborforce participation at 60%.

Typical of neighborhoods with older residents,income from retirement and Social Security iscommon, but residents also derive incomefrom self-employment and investments.

Residents are very do-it-yourself oriented andcost conscious.

Many service their own autos, work on homeimprovement and remodeling projects, andmaintain their own yards.

They prefer domestic travel to trips abroad.

Market Profile

Satellite dishes and riding lawn mowers arefamiliar sights in these rural settings, alongwith multiple vehicles; four-wheel drive trucksare popular, too.

Residents are members of AARP and veterans'clubs and support various civic causes.

Technology is not central in their lives: lightuse of Internet connectivity for shopping andentertainment.

Most households have pets--dogs or cats.

Television channels such as CMT, History, andFox News are popular.

They enjoy outdoor activities such as hiking,hunting, fishing and boating.

An overview of who makes up this segment across the United States

The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esri classifiesU.S. residential neighborhoods into 67 unique market segments based on socioeconomic and demographic characteristics. Data Source: Esri 2017. UpdateFrequency: Annually.

This is the

#1dominant segmentfor this area

In this area

56.6%of households fallinto this segment

In the United States


About this segment

The Great Outdoors

Alberton, MT 59820


Who We Are

Exurbanites residents are approaching

retirement but showing few signs of

slowing down. They are active in their

communities, generous in their donations,

and seasoned travelers. They take

advantage of their proximity to large

metropolitan centers to support the arts,

but prefer a more expansive home style in

less crowded neighborhoods. They have

cultivated a lifestyle that is both affluent

and urbane.

Our Neighborhood

Established neighborhoods (most builtbetween 1970 and 1990) found in thesuburban periphery of large metropolitanmarkets.

A larger market of empty nesters, marriedcouples with no children; average householdsize is 2.48.

Primarily single-family homes with a highmedian value of $346,000, most still carryingmortgages.

Higher vacancy rate at 9%.


Residents are college educated; more thanhalf have a bachelor's degree or higher; almost80% have some college education.

This labor force is beginning to retire. One inthree households currently receive SocialSecurity or retirement income. Labor forceparticipation has declined to less than 60%.

Unemployment remains low at 5.5%; more ofthe residents prefer self-employment or workingfrom home.

Consumers are more interested in quality thancost. They take pride in their homes and fostera sense of personal style.

Exurbanites residents are well connected,using the Internet for everything from shoppingto managing their finances.

Sociable and hardworking, they still find timeto stay physically fit.

Market Profile

Exurbanites residents' preferred vehicles arelate-model luxury cars or SUVs.

They are active supporters of the arts andpublic television/radio.

Attentive to ingredients, they prefer natural ororganic products.

Gardening and home improvement arepriorities, but they also use a number ofservices, from home care and maintenance topersonal care.

Financially active with wide-ranginginvestments, these investors rely on financialplanners, extensive reading and the Internet tohandle their money.



This is the


In this area




About this segment

Exurbanites

Alberton, MT 59820


Who We Are

Rooted Rural is heavily concentrated in

the Appalachian mountain range as well

as in Texas and Arkansas. Employment in

the forestry industry is common, and

Rooted Rural residents live in many of the

heavily forested regions of the country.

Nearly 9 of 10 residents are non-Hispanic

whites. This group enjoys time spent

outdoors, hunting, fishing or working in

their gardens. Indoors, they enjoy

watching television with a spouse and

spending time with their pets. When

shopping, they look for American-made

and generic products. These communities

are heavily influenced by religious faith,

traditional gender roles and family history.

Our Neighborhood

This market is dominated by married couples,few with children at home.

80% of homes are owner occupied: primarilysingle family (73%) or mobile homes (23%).

Nearly one in five housing units are vacant,with a high proportion for seasonal use.

Home values are very low--almost half ofowned homes are valued under $100,000.


Thrifty shoppers that use coupons frequentlyand buy generic goods.

Far-right political values on religion andmarriage.

Do-it-yourself mentality; grow their ownproduce and work on their cars and ATVs.

Pay bills in person and avoid using the Internetfor financial transactions.

Often find computers and cell phones toocomplicated and confusing.

Clothes a necessity, not a fashion statement;only buy new clothes when old clothes wearout.

Market Profile

They own a riding lawn mower, as well as agarden tiller, and have vegetable gardens.

Only half of the households have a high-speedInternet connection.

They use a satellite dish to watch CMT, theHistory Channel and GSN (Game ShowNetwork).

Pets are popular--dogs, cats, and birds.

Leisure activities include hunting and fishing.

They listen to faith-based radio and gospelmusic.

Many are on Medicare and frequent theWalmart pharmacy.



This is the


In this area




About this segment

Rooted Rural

Alberton, MT 59820


2017

2022 (Projected)

Total Population

This chart shows the total population inan area, compared with othergeographies.

Data Source: U.S. Census AmericanCommunity Survey via Esri, 2017

Update Frequency: Annually

2017

2022 (Projected)

Population Density

This chart shows the number of peopleper square mile in an area, comparedwith other geographies.



2017

2022 (Projected)

Population Change Since 2010

This chart shows the percentage changein area's population from 2010 to 2017,compared with other geographies.



59820

Total Daytime Population

This chart shows the number of peoplewho are present in an area during normalbusiness hours, including workers, andcompares that population to othergeographies. Daytime population is incontrast to the "resident" populationpresent during evening and nighttimehours.



Alberton, MT 59820: Population Comparison

Alberton, MT 59820


59820

Daytime Population Density

This chart shows the number people whoare present in an area during normalbusiness hours, including workers, persquare mile in an area, compared withother geographies. Daytime population isin contrast to the "resident" populationpresent during evening and nighttimehours.



2017

2022 (Projected)

Average Household Size

This chart shows the average householdsize in an area, compared with othergeographies.



2017

2022 (Projected)

Population Living in FamilyHouseholds

This chart shows the percentage of anarea’s population that lives in ahousehold with one or more individualsrelated by birth, marriage or adoption,compared with other geographies.



Women 2017

Men 2017

Women 2022 (Projected)

Men 2022 (Projected)

Female / Male Ratio

This chart shows the ratio of females tomales in an area, compared with othergeographies.



Alberton, MT 59820


2017

2022 (Projected)

Median Age

This chart shows the median age in anarea, compared with other geographies.



2017

2022 (Projected)

Population by Age

This chart breaks down the population ofan area by age group.



Alberton, MT 59820: Age Comparison

Alberton, MT 59820


Married

Unmarried

Married / Unmarried AdultsRatio

This chart shows the ratio of married tounmarried adults in an area, comparedwith other geographies.



Married

This chart shows the number of people inan area who are married, compared withother geographies.



Never Married

This chart shows the number of people inan area who have never been married,compared with other geographies.



Widowed

This chart shows the number of people inan area who are widowed, comparedwith other geographies.



Divorced

This chart shows the number of people inan area who are divorced, compared withother geographies.



Alberton, MT 59820: Marital Status Comparison

Alberton, MT 59820


2017

2022 (Projected)

Average Household Income

This chart shows the average householdincome in an area, compared with othergeographies.



2017

2022 (Projected)

Median Household Income

This chart shows the median householdincome in an area, compared with othergeographies.



2017

2022 (Projected)

Per Capita Income

This chart shows per capita income in anarea, compared with other geographies.



Average Disposable Income

This chart shows the average disposableincome in an area, compared with othergeographies.



Alberton, MT 59820: Economic Comparison

Alberton, MT 59820


Mineral County

Montana

USA

Unemployment Rate

This chart shows the unemploymenttrend in an area, compared with othergeographies.

Data Source: Bureau of Labor Statisticsvia 3DL

Update Frequency: Monthly

Employment Count byIndustry

This chart shows industries in an areaand the number of people employed ineach category.

Data Source: Bureau of Labor Statisticsvia Esri, 2017


Alberton, MT 59820


Less than 9th Grade

This chart shows the percentage ofpeople in an area who have less than aninth grade education, compared withother geographies.



Some High School

This chart shows the percentage ofpeople in an area whose highesteducational achievement is some highschool, without graduating or passing ahigh school GED test, compared withother geographies.



High School GED

This chart shows the percentage ofpeople in an area whose highesteducational achievement is passing ahigh school GED test, compared withother geographies.



High School Graduate

This chart shows the percentage ofpeople in an area whose highesteducational achievement is high school,compared with other geographies.



Some College

This chart shows the percentage ofpeople in an area whose highesteducational achievement is somecollege, without receiving a degree,compared with other geographies.



Alberton, MT 59820: Education Comparison

Alberton, MT 59820


Associate Degree

This chart shows the percentage ofpeople in an area whose highesteducational achievement is an associatedegree, compared with othergeographies.



Bachelor's Degree

This chart shows the percentage ofpeople in an area whose highesteducational achievement is a bachelor'sdegree, compared with othergeographies.



Grad/Professional Degree

This chart shows the percentage ofpeople in an area whose highesteducational achievement is a graduateor professional degree, compared withother geographies.



Alberton, MT 59820


59820

Average Commute Time

This chart shows average commute timesto work, in minutes, by percentage of anarea's population.



59820

How People Get to Work

This chart shows the types oftransportation that residents of the areayou searched use for their commute, bypercentage of an area's population.



Alberton, MT 59820: Commute Comparison

Alberton, MT 59820


Median Estimated Home Value

This chart displays property estimates foran area and a subject property, whereone has been selected. Estimated homevalues are generated by a valuationmodel and are not formal appraisals.

Data Source: Valuation calculationsbased on public records and MLS sourceswhere licensed


12-Month Change in MedianEstimated Home Value

This chart shows the 12-month change inthe estimated value of all homes in thisarea, the county and the state. Estimatedhome values are generated by avaluation model and are not formalappraisals.

Data Source: Valuation calculationsbased on public records and MLS sourceswhere licensed


Median Listing Price

This chart displays the median listingprice for homes in this area, the countyand the state.

Data Source: On- and off-market listingssources


12-Month Change in MedianListing Price

This chart displays the 12-month changein the median listing price of homes inthis area, and compares it to the countyand state.

Data Source: On- and off-market listingssources


Alberton, MT 59820: Home Value Comparison

Alberton, MT 59820


Best Retail Businesses: Alberton, MT 59820

This chart shows the types of businesses that consumers are leaving an area to find. The business types represented by blue bars are relatively scarce in the area,so consumers go elsewhere to have their needs met. The beige business types are relatively plentiful in the area, meaning there are existing competitors for thedollars that consumers spend in these categories.

Data Source: Retail Marketplace via Esri, 2017


Alberton, MT 59820


river edge resort - bizbuysell.com · lifestyle group cozy country living affluent estates rustic...

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