Property summary
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.
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6 recent transactions · within 1.5 miComparable in this City
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