810 Front Street , Forsyth, MT 59327
Forsyth, MT 59327
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 Type | For Sale |
| Subtype | Resale |
| Status | Active Under Contract |
| Year | 1951 |
| Days On Site | 178 |
| Listing Provided By | Tyree Real Estate, Inc. | Burke L Tyree |
Features
| Sq Feet | 8,778 |
|---|---|
| Zoning | 1 |
| Acreage | 0.65 |
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Learn More About This Property
| State | MT |
|---|---|
| County | Rosebud |
| City | Forsyth |
| Zip Code | 59327 |
| Listing VS Median (in 59327) | |
Price: $400,000 low | high Med: $795,000 SqFt: 8,778 low | high Med: 13,797 $ / SqFt: $46 low | high Med: $54 On Site: 178 low | high Med: 347.500000 | |
