808 Mineral Ave Libby, MT 59923

Building Details

Year Built

1938

Listing Agency CENTURY 21 Summit Realty a***@c21summitrealty.com Show Phone

Listed by Ashley Miner · License #RRE-RBS-LIC-109160

Source Crexi

Added: Oct 4, 2024 Updated: Jul 6 at 8:03 am Checked: Jul 17 at 4:26 am

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Investment Insights

Based on property information with market context.

This is a remodeled 17-room motel, rated #1 in town, situated in the heart of downtown. The property has a strong customer base and excellent online reviews. Well-maintained gardens enhance its curb appeal and create a relaxing environment for guests. Its location is within walking distance to major amenities, including restaurants, shops, and entertainment. The cap rate is 7%. There is an additional opportunity to buy the house next door which is perfect for an owner-occupied residence or staff accommodation.

Key Highlights

• Rated #1 motel in town with a stellar reputation and strong customer base.
• Prime downtown location within walking distance to restaurants, shops, and entertainment.
• Thriving business with excellent growth potential and a 7% cap rate.

Property Analytics

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Similar Off Market Nearby

• Evergreen Motel — 808 Mineral Ave, Libby, MT 59923
• Hidden Chapel — 1207 Utah Ave, Libby, MT 59923
• Gold Pan Casino — 420 E 9th St, Libby, MT 59923
• Lucky Logger Casino — 1313 Minnesota Ave, Libby, MT 59923
• Maggie's 2 — 519 E Larch St, Libby, MT 59923

FAQs

What type of property is this?

Motel - Seventeen-room motel in downtown location with strong customer base.

Where is this motel located?

The property is located at 808 Mineral Ave Libby, MT.

What is the asking price?

The asking price for this property is $2,800,000.

What are key features of this property?

This property features: Rated #1 motel in town with a stellar reputation and strong customer base.; Prime downtown location within walking distance to restaurants, shops, and entertainment.; Thriving business with excellent growth potential and a 7% cap rate.