31901 Us Highway 2, Libby, MT 59923

Building Details

Year Built

1971

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

Listing date Oct 8, 2024

Source Crexi

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Overview

This well-maintained 16-unit hotel is an excellent investment opportunity. The property is ideally situated close to local amenities, offering a convenient stay for guests and ensuring an inviting atmosphere. The hotel features clean and comfortable rooms which are meticulously maintained, providing a welcoming space for guests. It is located just minutes away from restaurants, shops, and attractions, making it a desirable choice for travelers. There is a dedicated, livable space for on-site management enhancing operational efficiency and guest satisfaction. Guests can enjoy a relaxing outdoor area suitable for unwinding or potential outdoor activities. A large parking lot accommodates guests and staff, ensuring easy access. The Sandman has strong occupancy rates in a thriving area with potential for growth with added amenities or services. The property size is 7240 square feet. The cap rate is 5%.

Suggested Use

Pharmacy Barber Shop Clothing & Fashion Store Bakery Garden Center Nursing Home Travel Agency Nursing Home Car Rental Facility Shopping Center & Mall

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

Location Insight

• Map
• Local Demand

City

Libby

County

Lincoln

State

Montana

Longitude

-115.568256

Latitude

48.396079

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FAQs

What type of property is this?

Hotel - Excellent investment opportunity: 16-unit hotel with strong occupancy rates.

Where is this hotel located?

The property is located at 31901 Us Highway 2 Libby, MT.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: Strong occupancy rates in a thriving area with potential for growth.; Excellent investment opportunity with a **5% cap rate**.; 16 meticulously maintained units offering clean and comfortable rooms.