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Property profile & analytics
OFF-MARKET
Hotels
116 1st S Ave, Great Falls, MT 59401-3601
Entity Owned
13-yr Hold
Property ID
US52-0092987
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1890
Construction
WOOD
Total area
20,250 SF
Lot
0.26 ac (11,238 SF)
APN
02-3015-12-2-06-08-0000
UPID
US52-0092987
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
-
The Celtic Cowboy Pub and Restaurant Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Arvon Block Dev Venture LLC · 13 yrs held
Arvon Block Dev Venture LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Great Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Great Falls submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$59,393
Tax year 2023
Assessed value
$2,746,600
Assessed 2023
Previous assessed
$2,746,600
+0.0% YoY
Effective rate
2.16%
On assessed value
Land market value
$87,000
Improvement market value
$2,659,600
Total market value
$2,746,600
Applied tax rate
4,998.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1890
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
3
Units
33
Total area
20,250 SF
Lot
0.26 ac (11,238 SF)
APN
02-3015-12-2-06-08-0000
UPID
US52-0092987
Jurisdiction
CASCADE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1890
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Units
33
Lot
0.26 ac
Current owner
From public records · entity-resolved
Arvon Block Dev Venture LLC
Entity
Mailing address
215 SUN PR RD, GREAT FALLS, MT 59404-6235
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2013
—
Arvon Block Dev Venture LLC
—
Deed Of Trust
related
$1,439,250 · Prairie Mountain Bk
Nov 29, 2012
—
Arvon Block Dev Venture LLC
Kelman Zollie
Grant Deed
related
—
Nov 9, 2012
—
Arvon Block Dev Venture LLC
Kelman Zollie
Grant Deed
related
—
Aug 17, 2001
—
Zollie Kelman
Forsyth,evelyn
Grant Deed
related
—
—
—
Arvon Block Dev Venture LLC
—
Loan Modification
related
$1,439,250 · Prairie Mountain Bk
—
—
Arvon Block Dev Venture LLC
—
Deed Of Trust
related
$1,452,617 · Prairie Mountain Bk
—
—
Arvon Block Dev Venture LLC
—
Deed Of Trust
related
$1,439,455 · Prairie Mountain Bk
—
—
Arvon Block Dev Venture LLC
—
Loan Modification
related
$1,439,250 · Prairie Mountain Bk
—
—
Arvon Block Dev Venture LLC
—
Deed Of Trust
related
$128,000 · Great Falls Dev Authority
—
—
Arvon Block Dev Venture LLC
—
Deed Of Trust
related
$855,000 · Great Falls Dev Authority
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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