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    31901 Us Highway 2 Libby, MT 59923

    Sponsored
    For Sale
    $2,200,000

    Montana Hotel - 16 Units, High Occupancy

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16-unit hotel in Libby, Montana, presents a compelling investment opportunity, priced at $2,200,000. Built in 1971, the property sits on a spacious 51,706 square foot lot at 31901 US Highway 2, zip code 59923. The hotel boasts clean, comfortable, and meticulously maintained rooms, ensuring a welcoming guest experience. Its convenient location offers easy access to local restaurants, shops, and attractions, contributing to strong occupancy rates and a desirable location for travelers. The property includes dedicated on-site management space, enhancing operational efficiency and guest satisfaction. A relaxing outdoor area provides guests with a space to unwind. Ample parking is available for guests and staff. The hotel's current performance demonstrates a 5% capitalization rate, indicating strong potential for return on investment. Further growth potential exists through the addition of amenities or services. This mixed-use property offers a blend of hospitality and potential for additional revenue streams. The property is situated in a thriving area of Lincoln County, Montana, promising continued success.

    Property Features for 31901 Us Highway 2

    General Information

    Property type
    Hotels

    Building Details

    Year Built
    1971

    HighLights

    • $2,200,000 asking price for a 16‑unit hotel.
    • Mixed‑use property in Libby, Montana.
    • Built in 1971 on a 51,706 sq ft lot.
    • Located near amenities, restaurants, and attractions.
    • Features on‑site management space and ample parking.
    • Strong occupancy rates and 5% cap rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    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
    -115.5678047
    Latitude
    48.3960011

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    FAQs

    What type of property is this?
    Hotel - Montana Hotel - 16 Units, High Occupancy
    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 $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price for a 16-unit hotel.; Mixed-use property in Libby, Montana.; Built in 1971 on a 51,706 sq ft lot.
    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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