Property summary
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
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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