$588.71 Per Sq Foot $100,922 est/mo Sourced by Back At You

202 & 301 W Main Street,White Sulphur Springs, MT 59645

White Sulphur Springs MT, 59645

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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 TypeFor Sale
Building NameThe Spa - Hot Springs and Motel
Sub-TypeResale
StatusActive
Year1959
Days On Site29
Listing Provided ByeXp Realty - Helena | David Torgerson

Features

SQ Feet31,934
PoolYes
ZoningBusiness
Acreage1.82
Water FrontYes
Property ViewYes
The information is being provided by Montana Regional MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Montana Regional MLS. All Rights Reserved.

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Listings Checked: 54 seconds ago
StateMT
CountyMeagher
CityWhite Sulphur Springs
Zip Code59645
Listing VS Median (in 59645)
Price:
$18,800,000
low | high
Med:
$640,000
100% of Average
SqFt:
31,934
low | high
Med:
3,342
100% of Average
$ / SqFt:
$589
low | high
Med:
$199
100% of Average
On Site:
29
low | high
Med:
200.500000
14.463840399002% of Average
Sourced by Back At You
Listing Updated: April 26, 2024 at 1:57:42 PM PDT