Property profile

808 Mineral Ave Libby, MT 59923

FOR SALE
Hotels
Property ID
US52-0399476
2,016 SF 0.43 ac lot Built 1938
Individually Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Exceptional investment opportunity: a beautifully remodeled, 17-unit hotel in downtown Libby, Montana. This thriving establishment, consistently ranked #1 in the city, boasts a strong customer base and outstanding online reviews. Built in 1938, the property sits on a spacious 18,731 square foot lot and features well-maintained gardens, enhancing its curb appeal and creating a relaxing atmosphere for guests. Its prime downtown location offers convenient access to restaurants, shops, and entertainment venues, ensuring a steady stream of visitors. The hotel's robust reputation and excellent location contribute to a 7% cap rate, presenting significant growth potential. An added benefit is the option to purchase an adjacent house, ideal for owner occupancy or staff housing. This turnkey operation is priced at $3,500,000 and represents a rare chance to acquire a highly successful, established business in a desirable location. The address is 808 Mineral Avenue, Libby, MT 59923. Further details are available upon request.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1938
Construction WOOD
Total area 2,016 SF
Lot 0.43 ac (18,731 SF)
APN 56-4175-03-3-24-02-0000
UPID US52-0399476

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

808 Mineral Ave Libby, MT 59923
Libby metro Census 200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$530k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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