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 pootential for growth with added amenities or services. Cap rate is 5%. Contact Ashley Miner at 406-293-0951, or your real estate professional today!
MLS# | 30034316 |
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Listing Type | For Sale |
Building Name | The Sandman Motel |
Sub-Type | Resale |
Status | Active |
Year | 1971 |
Days On Site | 172 |
Listing Provided By | CENTURY 21 Summit Realty | Ashley Miner |
SQ Feet | 7,240 |
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Acreage | 1.19 |
Property View | Yes |
State | MT |
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County | Lincoln |
City | Libby |
Zip Code | 59923 |
Listing VS Median (In 59923) | |
Price: $2,900,000 low | high Med: $457,000 SqFt: 7,240 low | high Med: 1,242 $ / SqFt: $401 low | high Med: $431 On site: 172 low | high Med: 22.500000 |