$2,900,000

31901 US Highway 2 Libby, MT 59923

1.2 acres
Condo

Property details

About 31901 US Highway 2

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 potential for growth with added amenities or services. Cap rate is 5%. Contact Ashley Miner at 406-293-0951, or your real estate professional today!

Highlights

Home typeCondominium
StatusActive
CoolingCentral Air
BasementYes
Lot size1.187 Acres
Year built1971
MLS #30034317
ViewMountain(s)

Summary

  • MLS Number: 30034317
  • MLS Name: MTR
  • Office Name: CENTURY 21 Summit Realty
  • Office Phone: (406) 293-5107
  • Office Email: brody@c21summitrealty.com
  • Listing Agent: Ashley Miner

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2025 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 4:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,900,000

31901 US Highway 2

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$839,700$6,579
2023$839,700$8,237
2022$563,900$6,225
2021$563,900$5,697
2020$486,800$6,071
2019$486,800$5,464
2018$416,599$5,368
2017$416,599$4,567

History based on county public records data.

Nearby schools

7

Libby Elementary School

Public District PK-6

0.8 mi

101 Ski Rd

6

W F Morrison School

Public District PK-6

15.5 mi

501 East Kalispell

4

Noxon School

Public District PK-6

29.5 mi

300 Noxon Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,000. The most common annual income of people living in Libby, MT is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

63%
<35k
31%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
10%
Single, with Kids
34%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
40%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • RamRam
  • CadillacCadillac

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 31901 US Highway 2

This home is located at 31901 US Highway 2 in Libby, MT and zip code 59923. Features: 0 bathroom. It has been listed on Rocket Homes since October 7, 2024 and is currently priced at $2,900,000.

In February 2025, from all listings sold in Libby, MT there were more than 1 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Libby, MT between January and February 2025 increased by 10.1%. In February 2025, listings were on the market for 151 days. During the same period, the median list price in this real estate market was $347,500.

From Rocket Homes Real Estate and based on county public records data.

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