31901 Us Highway 2 Libby, MT 59923
- Land
Current Use by Public Records
- Land
Property Details for 31901 Us Highway 2
- Property type
- Land
- Property subtype
- Apartment buildings
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Libby
- County
- Lincoln
- State
- Montana
- Longitude
- -115.271
- Latitude
- 48.0636
