Located in Beautiful Libby, Montana where you find the very best in scenic beauty and abundant wildlife is where you will find the profitable and popular Caboose Motel and Adventures.  We have been rated #1 for years and income is up more than 13% for 2013.  Please note that this property will require a new loan from the SBA, bank or other lending companies.  Most loans of this kind require 30% down.   I do require that those interested in this excellent income property let me know about their financial situation, ability to purchase this property, credit worthyness and experience, if any in motel/hotel management.

The Caboose Motel http://thecaboosemotel.com
The Caboose Adventures http://adventuresinmontana.com

DO NOT CALL THE MOTEL - ALL INQUIRES BY E-MAIL ONLY

Revenue 2012: $307,000.00 (13.5% increase the first quarter of 2013)

• No. Rooms:28
• Building Size:11,085 SF
• Price/Room:$29,642
• Property Type:Hotel & Motel
• Property Sub-type:Economy/ Limited Service
• Property Use Type:Investment
• NOI: $104,500.00
  
• Cap Rate:10.23%
• Average Daily Rate:$63
• RevPAR:$28
• Average Occupancy:44%
• Corridor:Exterior

Description Property is comprised of a 1.36 acre land parcel, 140 feet of US Highway 2 frontage, made up of three joined units totaling 11,085 square feet.
The motel consists of 28 guest rooms, 14 two bed rooms (Queen/Queen) and 8 single bed rooms (King) and a guest laundry room/business computer room. All rooms have a microwave, fridge, coffee maker, hair dryer, cable television, alarm clock, air conditioner and wireless internet. Heating for the motel rooms are individual electric baseboard units.

The managers residence is a 1560 square foot, single story residence with two bedrooms, one bath, living room, dining room and kitchen. Heating for the residence is forced air propane.
Attached equipment include a telephone system with 6 lines, exterior wall plugs for winter car plug ins, commercial washers and dryers (4) and ice maker. Other amenities considered is the approximate 25,000 square feet of paved parking, one car attached garage, two unit carport, covered sidewalks, commercial sign with a programmable digital LED electronic reader board.
Land improvements consist of 140 feet of US Highway 2 frontage lighted, concrete curbs and two street access approaches. There is new $9,000 outdoor LED border lighting that will be installed this spring.
You can see our websites at:
The Caboose Motel http://thecaboosemotel.com
The Caboose Adventures http://adventuresinmontana.com