810 Front StForsyth, MT 59327
- Mixed-use properties
- 6,900 SF
Property Details for 810 Front St
- Year built
- 1951
- Lot size
- 0.65 AC
- Property size (Sq ft)
- 6,900 SF
- Property type
- Mixed-use properties
- Property subtype
- Other mixed-use properties
Description
Prime investment opportunity: a profitable 20-room hotel in Forsyth, Montana, asking $400,000. This turnkey motel, operating successfully for over 30 years, boasts an average room rate of $90 and achieved over $29,000 in gross revenue last May. The property includes a spacious owner's residence featuring three bedrooms, two bathrooms, and recently updated carpeting and kitchen. The hotel itself offers desirable amenities such as a Jacuzzi King Suite and a unique triple queen room. This is a manageable operation, typically requiring two employees plus seasonal housekeeping support. The 6,900 square foot hotel sits on a 0.647-acre lot and was built in 1951. Its convenient location between the Yellowstone River and I-94 ensures high visibility and accessibility. An attractive add-on option exists: for an additional $350,000, acquire adjacent properties comprising two duplexes and a large garage with an upstairs apartment, all currently fully rented with long-term tenants. This presents the chance to own an entire half-block, significantly expanding your investment portfolio.
Location Insight
- City
- Forsyth
- County
- Rosebud
- State
- Montana
- Latitude
- 46.263
- Longitude
- -106.678
Comparable in this City
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