$400,000
( $45.57Per Sq Foot )
 $2,147 est/mo Sourced by Back At You

810 Front Street , Forsyth, MT 59327

Forsyth, MT 59327

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Description

Why buy a house, when you can buy a business with a home? Fantastic opportunity for a turnkey motel in the beautiful town of Forsyth, MT which is nestled between the Yellowstone River and I-94. 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.

Details

MLS#30028524
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1951
Days On Site114
Listing Provided ByTyree Real Estate, Inc. | Burke L Tyree

Features

SQ Feet8,778
Zoning1
Acreage0.65
The information is being provided by Montana Regional MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Montana Regional MLS. All Rights Reserved.

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Listings Checked: 2 minutes ago
StateMT
CountyRosebud
CityForsyth
Zip Code59327
Listing VS Median (in 59327)
Price:
$400,000
low | high
Med:
$795,000
48.75% of Average
SqFt:
8,778
low | high
Med:
13,797
7.177033492823% of Average
$ / SqFt:
$46
low | high
Med:
$54
30.60546875% of Average
On Site:
114
low | high
Med:
283.500000
40.21164021164% of Average
Sourced by Back At You
Listing Updated: September 30, 2024 at 2:38:23 PM PDT