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%.
Active
$2,800,000
31901 Us Highway 2, Libby, MT 59923
30beds
17baths
7,240sqft
Est.:
Multi Family, Apartment
Built in 1971
-- sqft lot
$-- Zestimate®
$387/sqft
$-- HOA
What's special
Relaxing outdoor areaClean and comfortable roomsLarge parking lot
- 302 days |
- 122 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 04:29pm
Listed by:
Ashley Miner 406-293-0951,
CENTURY 21 Summit Realty
Source: MRMLS,MLS#: 30034317
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 30
- Bathrooms: 17
Cooling
- Central Air
Appliances
- Laundry: In Basement
Features
- Basement: Crawl Space,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 7,240
- Total interior livable area: 7,240 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: Three Or More
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1.19 Acres
Details
- Parcel number: 56417504107060000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi-Level,Tri-Level
- Property subtype: Multi Family, Apartment
Materials
- Foundation: Poured, Basement
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Private Sewer, Septic Tank
- Water: Public
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Security: Security System Owned, Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Libby
Financial & listing details
- Price per square foot: $387/sqft
- Tax assessed value: $920,844
- Annual tax amount: $7,686
- Date on market: 2/19/2025
- Cumulative days on market: 381 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Owner May Carry
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,932/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Price change | $2,800,000-3.4%$387/sqft |
Source:  MRMLS #30034317 Report a problem | ||
| 2/19/2025 | Listed for sale | $2,900,000+31.8%$401/sqft |
Source: MRMLS #30034317 Report a problem | ||
| 1/29/2025 | Listing removed | $2,200,000$304/sqft |
Source: MRMLS #30034317 Report a problem | ||
| 10/14/2024 | Price change | $2,200,000-32.3%$304/sqft |
Source: MRMLS #30034317 Report a problem | ||
| 10/7/2024 | Listed for sale | $3,250,000$449/sqft |
Source: MRMLS #30034317 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,743 +6.9% | $839,700 |
| 2023 | $6,308 +14% | $839,700 +48.9% |
| 2022 | $5,532 +10.6% | $563,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,190/mo
Principal & interest
$10857
Property taxes
$1353
Home insurance
$980
Climate risks
Neighborhood: 59923
Nearby schools
GreatSchools rating
- 7/10Libby Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 4/10Libby Middle SchoolGrades: 7-8Distance: 0.2 mi
- 4/10Libby High SchoolGrades: 9-12Distance: 0.2 mi
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