Current Use by Public Records
- Restwel Motel / Hotel & Motel
Property Details for 810 Front St
- Year built
- 1951
- Lot size
- 0.65 lot acres
- Property type
- Mixed-use properties
- Property subtype
- Hospitality 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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Forsyth
- County
- Rosebud
- State
- Montana
- Longitude
- -106.678
- Latitude
- 46.263
