MLS® #: 395247
Type: CommercialSale

Offered at roughly 10% CAP. Very profitable, and fantastic opportunity to own one of the, if not the most highly consumer rated hotels in Red Lodge, MT. Situated on +/- 2.42 acres on Broadway Ave S (aka Beartooth Highway), this +/- 20,000 sqft hotel (49 keys), and Hideaway Cabins present a very unique opportunity. The fully remodeled hotel is complete with an indoor swimming pool & spa, fitness center, and great visibility and proximity to downtown Red Lodge. The 4 Hideaway cabins sit amongst the trees, and on a siteplan that was drawn to accommodate 16 cabins in total. Beyond the further development of the Cabin sites, additional acreage could made available.. Maybe RV park, or future expansion (contact agent for details). As a gateway to Yellowstone Park, and Beartooth Highway, Red Lodge, MT is a high tourism location. Inquire with Agent for financials and more details. This is a very productive hospitality asset, that has undergone substantial renovation & upgrades, and does possess great upside for expanded growth and operations. This is an active business, please direct all inquiries to agent.