31901 Us Highway 2 Libby, MT 59923
- Mixed-use properties
Current Use by Public Records
- Mixed-use properties
Property Details for 31901 Us Highway 2
- Year built
- 1971
- Property type
- Mixed-use properties
- Property subtype
- Hospitality properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Libby
- County
- Lincoln
- State
- Montana
- Longitude
- -115.568
- Latitude
- 48.396
