$ 2,500,000
-
$2,500,000
Price -
0
Bed -
0
Bath -
7,512
SqFt
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About the Listing 85000367 - mt.gshea
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.
Listing Highlights
Status
Active
Days on Site
48
Property Type
Commercial Sale
MLS ®
30066298
Year Built
1954
Total Square Footage
7,512
Lot/Acreage
1.19
County
Cascade
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Zoning: C-2
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $6,500
- Taxes w/Assessments: N/A
- Tax/Property ID: 02301503303010000
- Tax Year: 2025
Payment Calculator
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Questions About..
1521 1st Avenue Nw A Great Falls, MT 59404
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