Recently Converted SRO Motel
A-1521 Nw 1st Avenue Great Falls, MT 59404
A-1521 Nw 1st Avenue, Great Falls, MT, 59404
$2,500,000
For Sale
$2,500,000
Converted in 2025 from a 1954 motel into 23 SRO units with private bathrooms and four kitchenettes.
Property Size7,512 SF
Price / SF$332.80
Days on Market118
Property Features for A-1521 Nw 1st Avenue
General Information
- Standard status
- Active
- Size
- 7,512 SF
Listing agency
Century 21 Shea Realty
(406) 490-7432
Listed by
Gary Shea · License #10976
(406) 490-7432
Source
Exprealty
Added: Mar 26 Updated: Jul 21 at 6:25AM Checked: Jul 21 at 6:25AM
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 Century 21 Shea Realty
Investment Insights
Based on property information with market context.
Originally constructed as a motel in 1954, the property was converted in 2025 into 23 single room occupancy (SRO) units. The building now offers 23 private units, each with its own bathroom, and four units include convenient kitchenettes. The asset began operations in October 2025, and occupancy has remained strong since commencing operations.
Exterior painting is currently underway. The seller is offering a three-month “rent guarantee” with a full-price offer. A projected net operating income of $181,000 is provided with the sale, and the seller will consider carrying short-term financing for qualified buyers.
Located at A-1521 Nw 1st Avenue in Great Falls, Montana, this repositioned hospitality-to-SRO conversion is presented as an investment opportunity with in-place income and continuing operational momentum.
Exterior painting is currently underway. The seller is offering a three-month “rent guarantee” with a full-price offer. A projected net operating income of $181,000 is provided with the sale, and the seller will consider carrying short-term financing for qualified buyers.
Located at A-1521 Nw 1st Avenue in Great Falls, Montana, this repositioned hospitality-to-SRO conversion is presented as an investment opportunity with in-place income and continuing operational momentum.
Key Highlights
- Converted in 2025 from a 1954 motel into 23 SRO units
- 23 private units, each with its own bathroom
- Four units include kitchenettes
Property Analytics
Location Intelligence
Current Use by Public Records
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- Best Western Plus Riverfront Hotel and Suites — 600 River Dr S, Great Falls, MT 59405
- Extended Stay America - Great Falls - Missouri River — 800 River Dr S, Great Falls, MT 59405
- O'Haire Inn — 17 7th St S, Great Falls, MT 59401
- O'hare manor — 17 7th St S, Great Falls, MT 59401
- Hotel Arvon — 118 1st Ave S, Great Falls, MT 59401
FAQs
What type of property is this?
Motel - Converted in 2025 from a 1954 motel into 23 SRO units with private bathrooms and four kitchenettes.
Where is this motel located?
The property is located at A-1521 Nw 1st Avenue Great Falls, MT.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Converted in 2025 from a 1954 motel into 23 SRO units; 23 private units, each with its own bathroom; Four units include kitchenettes