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    31901 Us Highway 2 Libby, MT 59923

    Sponsored
    For Sale
    $2,200,000

    16-Unit Hotel, High Occupancy, 5% Cap Rate

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16-unit hotel in Libby, Montana, presents a compelling investment opportunity. Priced at $2,200,000, this well-maintained property boasts a strong occupancy rate and a 5% capitalization rate, indicating significant potential for return. Conveniently located near local amenities, restaurants, shops, and attractions, the hotel offers guests a comfortable and inviting stay. The property features clean and meticulously maintained rooms, a dedicated on-site management space for enhanced operational efficiency, and a relaxing outdoor area for guests. Ample parking is available for guests and staff. The hotel's prime location in a thriving area, coupled with its strong performance and potential for further growth through added amenities or services, makes this a truly attractive investment prospect. The property is situated at 31901 US HWY 2, Libby, MT 59923. This multifamily property is classified as an apartment building and commercial property, and is specifically a duplex/triplex/quadruplex. The property is listed as having zero units, however, the marketing description indicates it is a 16-unit hotel.

    Property Features for 31901 Us Highway 2

    General Information

    Property type
    Multifamily properties

    HighLights

    • $2,200,000 asking price.
    • 16‑unit hotel in Libby, MT.
    • Excellent investment opportunity with a 5% cap rate.
    • Convenient location near amenities.
    • On‑site management space.
    • Large parking lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Libby
    County
    Lincoln
    State
    Montana
    Longitude
    -115.2710331
    Latitude
    48.0635707

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    FAQs

    What type of property is this?
    Multifamily property - 16-Unit Hotel, High Occupancy, 5% Cap Rate
    Where is this multifamily property located?
    The property is located at 31901 Us Highway 2 Libby, MT.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price.; 16-unit hotel in Libby, MT.; Excellent investment opportunity with a 5% cap rate.
    Request Owner's contact information
    31901 Us Highway 2 Libby, MT 59923
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    Libby, MT 59923
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31901 Us Highway 2 Libby, MT 59923
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