1365 River Rd, Pray, MT 59065
This exceptional 20-acre mixed-use property in Pray, Montana, presents a unique investment opportunity. Nestled in the heart of Paradise Valley, it boasts six charming cabins, each equipped with a queen bed, twin bunk beds, a bathroom, and a kitchenette. Currently generating income through Airbnb rentals with no minimum stay requirement, the cabins are ideal for tourists visiting Yellowstone National Park, attending local events, or enjoying the area's abundant recreational opportunities. The property also includes a spacious 700 sq. ft. owner/manager suite complete with a kitchen, living room, bedroom, bathroom/laundry, and a covered porch offering breathtaking mountain views. An attached garage/shop features 14' ceilings, 12' overhead doors, and mezzanine storage, providing ample space for equipment or additional storage. Conveniently located near Yellowstone National Park, Yellowstone River, Chico Hot Springs, Sage Lodge, and Pine Creek Lodge, this property benefits from a prime location and high demand for lodging. The property is zoned for residential and/or commercial use, offering significant development potential. Explore options such as multi-unit dwellings or storage facilities to further capitalize on the area's thriving tourism and outdoor recreation sectors. The asking price is $1,465,000. Built in 2022, this property offers a blend of immediate income generation and long-term growth potential. No zoning or covenants restrict future development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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