For Sale
$2,200,000

31901 Us Highway 2Libby, MT 59923

Profitable Montana Hotel - Excellent Investment

Overview

Added:
Feb 3
Days on market:
65
This exceptional 16-unit hotel in Libby, Montana, presents a compelling investment opportunity. Boasting 7,240 square feet on a 1.19-acre lot, the property is strategically located near local amenities, ensuring convenient access for guests. Each of the sixteen units is meticulously maintained, offering clean and comfortable accommodations. The hotel's prime location, just minutes from restaurants, shops, and area attractions, makes it a highly desirable choice for travelers. Operational efficiency is enhanced by a dedicated, livable on-site management space, allowing for seamless oversight. Guests can enjoy a relaxing outdoor area, perfect for unwinding after a day of exploring. Ample parking is available for both guests and staff. The hotel consistently demonstrates strong occupancy rates, reflecting its popularity in a thriving area. Further growth potential exists through the addition of amenities or services. The property's current cap rate is 5%, indicating a strong return on investment. The asking price is $2,200,000. This turnkey operation is ready for a new owner to continue its success.

Property Details for 31901 Us Highway 2

Property type
Square Feet
7,240 SF
Year Built
1971
Lot Size (sq. ft)
51,836 SF

Location Insight

City
Libby
County
Lincoln
State
Montana
Latitude
48.39623
Longitude
-115.5678
31901 Us Highway 2, Libby, Montana

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31901 Us Highway 2
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