518 Montana Ave, Baker, MT 59313-9259

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.