Property profile

1223 Broadway Ave Red Lodge, MT 59068

OFF-MARKET
Hotels
Property ID
US52-0854005
21,229 SF 0.84 ac lot Built 1984
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional hospitality asset, the Beartooth Hideaway Inn and Cabins, is offered at $4,500,000. Boasting approximately 20,000 square feet, this well-established hotel features 54 keys and is situated on a 2.42-acre lot in Red Lodge, Montana, at 1223 Broadway Ave S. Built in 1989 and extensively renovated in 2022 and 2023, the property includes an indoor swimming pool and spa, and a fitness center. Its prime location on Broadway Avenue (Beartooth Highway) offers excellent visibility and proximity to downtown Red Lodge, a high-tourism area serving as a gateway to Yellowstone National Park and the Beartooth Highway. The property also includes four existing Hideaway Cabins, with a site plan allowing for expansion up to sixteen cabins. Further development opportunities may exist, potentially including an RV park or additional hotel expansion. This highly-rated hotel presents a unique opportunity for significant return on investment. Financial details are available upon request. This is an active business.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1984
Construction WOOD
Total area 21,229 SF
Lot 0.84 ac (36,765 SF)
Zoning code 1
APN 10-0356-34-3-04-03-0000
UPID US52-0854005

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1223 Broadway Ave Red Lodge, MT 59068-9579
Red Lodge metro Census 300 BILLINGS, MT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$795k

Owner & transaction history

Zoning & alternative use

1 · Red Lodge, MT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1223 Broadway Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message