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$ 2,500,000
Est. payment | /mo
7,512 SqFt
$ 2,500,000
Est. payment | /mo
7,512 SqFt
Key Details
Property Type Commercial
Sub Type Building/Land
Listing Status Active
Purchase Type For Sale
Square Footage 7,512 sqft
Price per Sqft $332
MLS Listing ID 30066298
HOA Y/N No
Year Built 1954
Annual Tax Amount $6,500
Tax Year 2025
Lot Size 1.191 Acres
Acres 1.191
Property Sub-Type Building/Land
Property Description
Outstanding investment opportunity featuring a recently repositioned hospitality asset with strong in-place income and future upside. Originally constructed as a motel in 1954, the property was thoughtfully converted in 2025 into 23 Single Room Occupancy (SRO) units designed to accommodate both short-term and long-term tenants—creating diversified revenue streams and consistent demand. The property offers 23 private units, each with its own bathroom, and four units are equipped with convenient kitchenettes. Since commencing operations in October 2025, occupancy has remained strong, demonstrating solid market demand and operational stability. The seller is offering a three-month "rent guarantee" with a full-price offer, adding an additional layer of security for investors. With a projected Net Operating Income of $181,000, this asset presents an attractive return. Exterior painting is currently underway. Seller will consider carrying short-term financing for qualified buyers.
Location
State MT
County Cascade
Zoning Commercial
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Garage No
Building
Foundation See Remarks
Others
Tax ID 02301503303010000
Special Listing Condition Standard
Listed by Century 21 Shea Realty - Butte
Nearby Locations
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