For Sale
$6,800,000

229 Hayden StWest Yellowstone, MT 59758

Montana lodging, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity: a 16-key hotel/motel complex in West Yellowstone, Montana, boasting a 6.78% cap rate and a strong NOI of $460,773. This 19,404 square foot property, built in 2011, comprises six buildings across two stories and sits on a 0.895-acre lot zoned B3. The property includes a mix of eight motel rooms (350 sq ft each) and eight condos ranging from 900 to 2,200 sq ft, providing diverse accommodation options. Conveniently located just five blocks from the west entrance to Yellowstone National Park, this property benefits from high tourist traffic and proximity to shopping, dining, and other amenities. On-site amenities include a 2,200+ sq ft warehouse, a two-bedroom, two-bathroom log cabin used for employee housing, three additional apartments for employee use, and two laundry rooms (one for guest use). Recent updates (within the last 18 months) include new carpets, curtains, lobby renovations, and upgraded Wi-Fi. Seller financing is available, making this a compelling opportunity for investors seeking a profitable hospitality venture in a prime location. The property's asking price is $6,800,000.

Highlights

  • $6,800,000 asking price, 6.78% cap rate, $460,773 NOI.
  • 19,404 square foot hospitality property with 16 keys.
  • Six buildings on a 0.895-acre lot, zoned B3.
  • Includes a 2,200+ sq ft on-site warehouse.
  • Features on-site employee housing: a 2-bed/2-bath log cabin and three apartments.
  • Offers two laundry rooms, one for guest use, eight motel rooms (350 sq ft each), and eight condos (900-2,200 sq ft each).

Property Details for 229 Hayden St

Property type
Hospitality properties, Motels
Square Feet
19,404 SF
Year Built
2011
Buildings
6
Stories
2
Lot Size (sq. ft)
38,986 SF

Location Insight

City
West Yellowstone
County
Gallatin
State
Montana
Latitude
44.6637796
Longitude
-111.1103523
229 Hayden St, West Yellowstone, Montana

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229 Hayden St
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