202 & 301 Main Street$17,000,000
White Sulphur Springs, MT
31934.00 SF, 1.82 ACRES
$17,000,000
Property Details
BIG PICTURE
Commercial
31934.00
FT2
1.82
ACRES
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.PRICE
$17,000,000
FEATURES
- MLS #: 30024095
- Lot: 79,409.88 sqft
- Commercial
- Built in 1959
- Cooling: Window Units
- Heating: Geothermal, Heat Pump, Zoned
- Price/sqft: $532.35
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