Evergreen Motel
$3,500,000
808 Mineral, Libby, MT 59923
7
Cap Rate
6,498 sqft
Building Size
Details:
Highlights:
- Annual Tax: $ 8558.06
- Average Occupancy Rate: 71.0
- Garage Description: No Garage
- Area Amenities: Area Tennis
- Heating Fuel Type: Electric
- Exterior Description: Stone
- General: Smoke Detector
- Rooms: Guest Suite
- Appliances: Washer
- Lot Description: Access Type - Road
- Flooring: Laminate
- Area Description: Country Living
- Kitchen Features: Breakfast Bar
- Road Type: City / Town Street
- Roof: Metal Roof
- Pre Wiring: Cable
- Interior: Blinds
- Lot Size: 1/2 - 1 Acre
- Cooling: Central A/C
- Heating Type: Heat Pump
- Sewer: City
- Views: Mountain
- Exterior Living Space: Patio
- Water: City Water
Description:
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 6.5%. 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.
Location
Gallery
