MLS#: 300345

$3,500,000 USD

  • Total rooms
    17
  • Minimum sellable space
    604m²  (6,498ft²)
The details

Property features

Key features

  • Boat Ramp
  • Mountain View
  • Parking

Construction details

  • Year built: 1938
  • Roofing: metal

Other features

  • Property features: Patio
  • Appliances: Washer Microwave Dryer
  • Cooling system: Central AC
  • Heating system: Heat Pump Electric Propane

Area

  • Property size: 604m²  (6,498ft²)
  • Land/Lot size: 1,740m²  (18,731ft²)
  • Bathrooms: 17
  • Total rooms: 17

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.

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Location

Libby, Montana