For Sale
$1,600,000

290 Front StForsyth, MT 59327

Montana Motel, 50 Keys, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity: The Rails Inn, a 50-key motel in Forsyth, Montana, is offered at $1,600,000. This established hospitality business boasts a strong 9.47% cap rate and a net operating income (NOI) of $151,531. The property features a substantial 32,456 square feet of space, priced at $49.30 per square foot. Built in 1980, this two-story building sits on a 1.5-acre lot zoned for commercial and mixed use, providing flexibility for future development. The motel offers 80 beds across its 50 units, all located within a single building. Conveniently situated on 290 Front St, Forsyth, MT 59327, the property enjoys a prime location along the I-94 corridor, offering easy access to travelers. Forsyth itself is a vibrant community with abundant recreational opportunities, including hunting, fishing, and various outdoor activities. After three decades of successful operation, this well-maintained motel presents a rare chance to acquire a profitable business in a desirable location. The property is privately owned and co-op arrangements are available. This is a turnkey operation ready for a new owner to continue its legacy of success.

Property Details for 290 Front St

Property type
Hospitality properties, Motels
Square Feet
32,456 SF
Year Built
1980
Buildings
1
Stories
2
Lot Size (sq. ft)
65,340 SF

Location Insight

City
Forsyth
County
Rosebud
State
Montana
Latitude
46.2597445
Longitude
-106.6855498
290 Front St, Forsyth, Montana

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290 Front St
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