50
See all 50 photos
$400,000
Est. payment /mo
8,778 SqFt
Active Under Contract
810 Front ST Forsyth, MT 59327
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UPDATED:
11/26/2024 01:13 AM
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
Listed by Tyree Real Estate, Inc.
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