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810 Front Street

Forsyth, MT 59327
  • $400,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 346745
$400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1951
County:
Area:

School Ratings & Info

Description

Fantastic opportunity for a turnkey motel in the beautiful town of Forsyth, MT. The current owners for over the last 30 years have just had their best May with over $29K in gross revenues. The average room rate is around $90 with 20 rentable rooms. This is a two-person operation, plus housekeeping assistance during the busiest months. The owners residence is off the main office/lobby with 3 bedrooms/2 bathrooms and new carpeting installed with many upgrades to the kitchen. The Restwel boasts the nicest Jacuzzi King Suite in town and the only triple queen. For an additional $350K, an adjacent investment opportunity exists that could be packaged with this. Imagine owning the entire half block with 3 additional buildings. This additional property consists of two duplexes and a large garage with an apartment upstairs. All units are fully rented with long term tenants.

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© 2024 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 7/20/2024.
www.searchbillingsrealestate.com/homes/151811643
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810 Front Street Forsyth, MT 59327

  • Price: $400,000
  • Status: Active
  • On Site: 30 Days
  • MLS #: 346745
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1951
Built
Neighborhood:
General
County:
Rosebud
Area:
(34) Forsyth
Property Description
Fantastic opportunity for a turnkey motel in the beautiful town of Forsyth, MT. The current owners for over the last 30 years have just had their best May with over $29K in gross revenues. The average room rate is around $90 with 20 rentable rooms. This is a two-person operation, plus housekeeping assistance during the busiest months. The owners residence is off the main office/lobby with 3 bedrooms/2 bathrooms and new carpeting installed with many upgrades to the kitchen. The Restwel boasts the nicest Jacuzzi King Suite in town and the only triple queen. For an additional $350K, an adjacent investment opportunity exists that could be packaged with this. Imagine owning the entire half block with 3 additional buildings. This additional property consists of two duplexes and a large garage with an apartment upstairs. All units are fully rented with long term tenants.
Exterior Features

Alley YN 1 Built Info Existing Road Frontage 1 Road Surface Asphalt

Interior Features

Ceiling Height 9 Heating Other Number Of Levels 1 Office Sq Ft 28183 Shop Or Warehouse Sq Ft 0

Property Features

Annual SID 0 Cooling Wall Disclosure On File Gross Annual Income 159000 Leased YN No Net Income 57000 Possession Immediate Property Sub Type Motel Sewer City Total Taxes 3019 Type Of Business Motel Water Public Zone General Commercial

Listing information © 2024 Billings Association of Realtors MLS
Listing courtesy of Burke Tyree of Tyree Real Estate, Inc.: 406-453-2000
© 2024 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 7/20/2024.
 
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