About 31901 Us Highway 2
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%.
Features of 31901 Us Highway 2
| MLS® # | 30034317 |
|---|---|
| Price | $2,800,000 |
| Square Footage | 7,240 |
| Acres | 1.19 |
| Year Built | 1971 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Style | Multi-Level, Tri-Level |
| Status | Active |
Community Information
| Address | 31901 Us Highway 2 |
|---|---|
| City | Libby |
| County | Lincoln |
| State | MT |
| Zip Code | 59923 |
Amenities
| Utilities | Cable Available, High Speed Internet Available |
|---|---|
| Parking Spaces | 2 |
| View | Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Stories | Three Or More |
| Has Basement | Yes |
| Basement | Crawl Space, Unfinished |
Exterior
| Roof | Metal |
|---|---|
| Foundation | Poured, Basement |
Additional Information
| Date Listed | October 7th, 2024 |
|---|---|
| Days on Market | 344 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |