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Property profile & analytics
OFF-MARKET
Commercial real estate

810 Front St Forsyth, MT 59327

8,778 SF 0.65 ac lot Built 1951
Property ID
Property summary
AI-generated overview

This exceptional turnkey opportunity presents a thriving motel in the charming town of Forsyth, Montana, ideally situated between the Yellowstone River and Interstate 94. Boasting 20 rentable rooms with an average rate of approximately $90, the property generated over $29,000 in gross revenue last May, representing the best month in the current owners' 30-year history. The operation is manageable with two individuals, supplemented by housekeeping help during peak seasons. A significant advantage is the inclusion of a comfortable three-bedroom, two-bathroom owner's residence, conveniently located off the main lobby and office area. Recent upgrades include new carpeting and kitchen renovations. The motel features unique amenities, including the town's finest Jacuzzi King Suite and the only triple queen room. This presents a rare chance to acquire an established, profitable business with immediate income potential. The property sits on a 0.65-acre lot and encompasses 8,778 square feet. An attractive add-on investment is available for an additional $350,000, encompassing a half-block of land with three additional buildings. This adjacent property includes two fully rented duplexes and a large garage with an upstairs apartment, all occupied by long-term tenants. Owning this entire half-block presents a significant expansion opportunity for a savvy investor.

Property profile
Verified
Property type Commercial real estate
Year built 1951
Total area 8,778 SF
Lot 0.65 ac (28,314 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Restwel Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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