229 Hayden St, West Yellowstone, MT 59758

Exceptional investment opportunity: a 16-key hotel/motel complex in West Yellowstone, Montana, boasting a 6.78% cap rate and a strong NOI of $460,773. This 19,404 square foot property, built in 2011, comprises six buildings across two stories and sits on a 0.895-acre lot zoned B3. The property includes a mix of eight motel rooms (350 sq ft each) and eight condos ranging from 900 to 2,200 sq ft, providing diverse accommodation options. Conveniently located just five blocks from the west entrance to Yellowstone National Park, this property benefits from high tourist traffic and proximity to shopping, dining, and other amenities. On-site amenities include a 2,200+ sq ft warehouse, a two-bedroom, two-bathroom log cabin used for employee housing, three additional apartments for employee use, and two laundry rooms (one for guest use). Recent updates (within the last 18 months) include new carpets, curtains, lobby renovations, and upgraded Wi-Fi. Seller financing is available, making this a compelling opportunity for investors seeking a profitable hospitality venture in a prime location. The property's asking price is $6,800,000.