202 & 301 W Main Street , White Sulphur Springs, MT 59645
White Sulphur Springs, MT 59645
Description
The Spa Motel and Hot Springs is nestled in the serene setting of the town of White Sulphur Springs, Montana, and offers a rejuvenating retreat for guests seeking relaxation and wellness. The current owners have taken the last 36 years to bring the famous hot springs to it's current standing; and are now ready to hand it off to it’s next visionary owner. With the hot springs’ rich history dating back centuries, The Hot Springs has been a cherished destination for travelers seeking the therapeutic benefits of natural hot springs. For hundreds of years many of the Native American Tribes used these natural springs for healing their sick. This opportunity produces a fantastic income and all financials are available with a signed NDA. This is truly a money maker! 7.9% CAP Rate, 53 total keys, 3 pools (recently re-lined), new locker room facilities, and hundreds more updates. The business side of the transaction is being handled by attorney Joseph Passamani of Passamani and Letang.
Details
| MLS# | 30024095 |
|---|---|
| Listing Type | For Sale |
| Building Name | The Spa - Hot Springs and Motel |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 145 |
| Listing Provided By | eXp Realty - Helena | David Torgerson |
Features
| SQ Feet | 31,934 |
|---|---|
| Pool | Yes |
| Zoning | Business |
| Acreage | 1.82 |
| Water Front | Yes |
| Property View | Yes |
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Learn More About This Property
| State | MT |
|---|---|
| County | Meagher |
| City | White Sulphur Springs |
| Zip Code | 59645 |
| Listing VS Median (in 59645) | |
Price: $18,800,000 low | high Med: $599,000 SqFt: 31,934 low | high Med: 3,300 $ / SqFt: $589 low | high Med: $182 On Site: 145 low | high Med: 109.000000 | |
