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Forsyth,MT 59327
Key Details
Property Type Commercial
Sub Type Building/Land
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 8,778 sqft
Price per Sqft $45
MLS Listing ID 30028524
HOA Y/N No
Year Built 1951
Annual Tax Amount $3,019
Tax Year 2024
Lot Size 0.647 Acres
Acres 0.647
Property 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.
Location
State MT
County Rosebud
Zoning 1
Interior
Cooling Wall Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Building
Foundation See Remarks
Sewer Public Sewer
Water Public
Others
Tax ID 29154023117010000
Special Listing Condition Standard