Remodeled Motel Near
8060 Hwy 10, Missoula, MT 59808
For Sale
$4,275,000
Recently remodeled Motel 6 near airport with expansion possibilities.
Property Size18,010 SF
Price / SF$237.37
Days on Market248
Property Features for 8060 Hwy 10
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Garage: Additional Parking,Shared Driveway,On Street
Additional Parking,Shared Driveway,On Street
Building Details
Year Built
Listing Agency:
PureWest Real Estate - Missoula
Listed By:
Devin Khoury · License MT RRE-BRO-LIC-14766
(406) 207-8200
Source:
Clearwaterproperties
Added: Mar 12
Changed: Nov 12
Last Checked: Nov 12 at 5:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PureWest Real Estate - Missoula
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Investment Insights
Based on property information with market context.
This recently remodeled Motel 6 is strategically located at the intersection of major traffic routes, attracting guests from both the highway and interstate. The property offers updated rooms designed for comfort and functionality, providing a restful retreat for travelers. Guests can enjoy mountain and valley views. Its proximity to the airport makes it an ideal choice for those seeking convenient transit options. Business travelers will appreciate the quick access to Missoula International Airport, I-90, Hwy 10, and Hwy 93, as well as easy access to Missoula. The property, with a size of 18010 square feet, presents great revenue and expansion possibilities, making it a potentially valuable investment.
Key Highlights
- Remodeled Motel6 at the crossroads of major traffic arteries.
- Convenient location for travelers and tourists.
- Updated rooms designed for comfort.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$138,587
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,771,740
$2.8M
Cap Rate 7%
$1,979,814
$2.0M
Cap Rate 9%
$1,539,856
$1.5M
Market Conditions
NOI Build-Up for 18,010 SF
Gross rent
$324.2K $18.00/SF
− Vacancy
−$32.4K −$1.80/SF
EGI
$291.8K $16.20/SF
− OpEx
−$153.2K −$8.51/SF
NOI
$138.6K $7.69/SF
Area
Missoula County, MT
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,771,740
Cap Rate 7%
$1,979,814
Cap Rate 9%
$1,539,856
Alternative Uses
Best Use
Hotel Hospitality
$1.98M
$1.73M – $2.31M
NOI $138,587 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.19M
$4.54M – $6.06M
NOI $363,487 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59808, MT
21,546
Population
9,938
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
97%
High-School Grad
157.1 sq mi
ZIP Area
137
Density / Sq Mi
$76,795
Median Household Income
$39,324
Median Earnings
$1,236
Median Rent
$419,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Similar Off Market Nearby
- Big Rig Casino — 8077 U.S. Highway 10 W, Missoula, MT 59808
- Dollar Bill Casino — 8018 US-93, Missoula, MT 59808
- Motel — W Broadway St, Missoula, MT 59808
- Motel 6 Missoula, MT - Wye - Travel Plaza — 8060 U.S. Hwy 93 N, Missoula, MT 59808
- Montana Lil's Casino — 8745 US-93, Missoula, MT 59808
Frequently Asked Questions
What type of property is this?
Motel - Recently remodeled Motel 6 near airport with expansion possibilities.
Where is this motel located?
The property is located at 8060 Hwy 10 Missoula, MT.
What is the asking price?
The asking price for this property is $4,275,000.
What are key features of this property?
This property features: Remodeled Motel6 at the crossroads of major traffic arteries.; Convenient location for travelers and tourists.; Updated rooms designed for comfort.
