For Sale
$2,200,000

31901 Us Highway 2Libby, MT 59923

Montana Hotel - 16 Units, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • $2,200,000 asking price for a 16-unit hotel.
  • Mixed-use property in Libby, Montana.
  • Built in 1971 on a 51,706 sq ft lot.
  • Located near amenities, restaurants, and attractions.
  • Features on-site management space and ample parking.
  • Strong occupancy rates and 5% cap rate.

Property Details for 31901 Us Highway 2

Property type
Mixed-use properties, Hospitality properties
Year Built
1971

Location Insight

City
Libby
County
Lincoln
State
Montana
Latitude
48.3960011
Longitude
-115.5678047
31901 Us Highway 2, Libby, Montana

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31901 Us Highway 2
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