518 Montana Ave Baker, MT 59313-9259

Property Details for 518 Montana Ave

Year built

1979

Construction

WOOD

Lot size

1.79 lot acres

Property size

4,542 SF

Property type

Hotels

Property subtype

Motels

APN

39-1652-14-1-13-03-0000

APU

39165214113030000

Description

This fee-simple, 40-key motel, the Sagebrush Inn, is offered for sale at $850,000 ($21,250 per key). Boasting a Net Operating Income (NOI) of $165,542 and a pro-forma NOI of $170,852, this property presents a compelling investment opportunity with a current cap rate of 19.48% and a pro-forma cap rate of 20.10%. Built in 1942, this two-story motel sits on a 1.47-acre lot at 518 W Montana Ave, Baker, MT 59313, conveniently located off US Route 12 near Highway 7. The property includes several amenities, such as a gazebo with a barbecue grill, vending machines, and ample parking for buses, trucks, and RVs. On-site owner's quarters are also included. Baker, Montana is situated in Fallon County, benefiting from the economic activity spurred by the Williston Basin's oil and gas reserves. The town features a thriving downtown area with shops and annual events, as well as attractions like Baker Lake and Medicine Rocks State Park. The property's proximity to the Fallon Medical Complex, the largest employer in Fallon County serving a large rural population across seven counties, further enhances its investment potential. The Sagebrush Inn is unencumbered by management contracts, franchises, or existing debt. This presents a rare opportunity to acquire a well-positioned motel in a growing area with significant upside potential.

Location Insight

City

Baker

County

Fallon

State

Montana

Longitude

-104.283

Latitude

46.3676

Property Tax & Assessments