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 stayit'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.
MLS# | 30034323 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1938 |
Days On Site | 130 |
Listing Provided By | CENTURY 21 Summit Realty | Ashley Miner |
SQ Feet | 6,498 |
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Basement | Y |
Units | 17 |
Acreage | 0.43 |
Property View | Yes |
State | MT |
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County | Lincoln |
City | Libby |
Zip Code | 59923 |
Listing VS Median (in 59923) | |
Price: $3,500,000 low | high Med: $470,000 SqFt: 6,498 low | high Med: 2,029 $ / SqFt: $539 low | high Med: $250 On Site: 130 low | high Med: 58.500000 |