$ 400,000
810 Front Street Forsyth, MT 59327
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Listed by Burke Tyree Tyree Real Estate, Inc.
$ 400,000
Est. payment /mo
Active
810 Front Street Forsyth, MT 59327
UPDATED:
09/30/2024 04:28 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision General
MLS Listing ID 346745
Construction Status Resale
HOA Y/N No
Year Built 1951
Annual Tax Amount $3,019
Property Description
Fantastic opportunity for a turnkey motel in the beautiful town of Forsyth, MT. 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
Area (34) Forsyth
Zoning General Commercial
Interior
Heating Other
Cooling Wall Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Present Use Hotel/Motel
Building
Lot Description Alley
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Construction Status Resale
Others
Tax ID 0000000873