Evergreen Motel 808 Mineral Ave 17 Room Hotel Libby, MT 59923 $2,800,000 ($164,706/Room)



EXECUTIVE SUMMARY
Discover an incredible opportunity to own a beautifully remodeled 17-room motel, proudly rated #1 in town! This thriving property is perfectly situated in the heart of downtown, and has a stellar reputation. The Evergreen boasts a strong customer base and excellent online reviews. The property features well-maintained gardens enhancing its curb appeal and creating a relaxing environment for guests. Located within walking distance to major amenities, including restaurants, shops, and entertainment, ensuring a steady flow of guests. With a robust reputation and prime location, this is an incredible investment opportunity. The Evergreen is not just a place to stay—it's a thriving business with excellent growth potential. The cap rate is 7%. There is an additional opportunity; the option to buy the house next door which is perfect for an owner-occupied residence or staff accommodation. Please inquire for more details. Contact Ashley Miner at 406-293-0951 or your real estate professional.
PROPERTY FACTS
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Guest Room | 17 | $99.00 | - |
1 of 1
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
Parcel Number | 56-4175-03-3-24-02-0000 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $790,300 |