Investment Property for Sale at 31901 Us Highway 2 in Libby, MT for $2,200,000

Listing data last changed 10/15/2024
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31901 Us Highway 2 | Libby

$2,200,000

This well-maintained 16-unit hotel is an excellent investment opportunity! Ideally situated close to local amenities, this property offers a convenient stay for guests while ensuring an inviting atmosphere. Clean and comfortable rooms which are meticulously maintained, providing a welcoming space for guests. Just minutes away from restaurants, shops, and attractions, making it a desirable choice for travelers. There is a dedicated, livable space for on-site management enhancing operational efficiency and guest satisfaction, and A relaxing outdoor area for guests to unwind or for potential outdoor activities. This hotel has a large parking lot accommodating guests and staff, ensuring easy access. The Sandman has a strong occupancy rates in a thriving area with potential for growth with added amenities or services. Cap rate is 5%. Contact Ashley Miner at 406-293-0951, or your real estate professional today! MTR 30034317

Directions to property: Head northwest on US-2 W/W 9th St toward Main Ave Continue to follow US-2 W 0.7 mi Turn right Destination will be on the right 325 ft

MLS Listing ID: 
MTR 30034317
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$2,200,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Libby
Address: 
31901 Us Highway 2, Libby, MT 59923, US
County: 
Lincoln
Latitude: 
48.3959569
Longitude: 
-115.5677618
Building Details
Details about the building on a property.
Architectural Style: 
Multi-Level
Year Built: 
1971
New Construction: 
0
Basement: 
Crawl Space, Unfinished
Construction
Foundation Details: 
Poured, Basement
Roof: 
Metal
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Private Sewer, Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.19
Lot Size (Area): 
51,706
View: 
Mountain(s)
Waterfront: 
0
Lot Features
Garage: 
0
Public Record
Parcel Number: 
56417504107060000
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Ashley Miner
Listing Office Name: 
CENTURY 21 Summit Realty