202 & 301 W Main Street #The Spa -Hot Springs, White Sulphur Springs, MT 59645 (MLS # 30024095)

Price $18,800,000
Status Active
Size 31,934 sqft
Lot Size 1.82 ac
Days on Market 23
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.
Property Type(s): Commercial
Year Built 1959 County Meagher

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
BUYER'S BROKERAGE COMPENSATION CLA
HEAT Geothermal, Heat Pump, Zoned
LOT 1.823 acre(s)
LOT DESCRIPTION Waterfront
PARKING RV Access/Parking, See Remarks
POOL DESCRIPTION Community
SEWER Public Sewer
TAXES 19340
VIEW Yes
VIEW DESCRIPTION City, Meadow, Mountain(s), Valley, Trees/Woods
WATER See Remarks
WATER ACCESS White Sulphur Springs Hot Springs
WATERFRONT Yes
WATERFRONT DESCRIPTION Stream, Waterfront
ZONING Hospitality

Location

 

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Listing provided by: David Torgerson, eXp Realty - Helena | 202 & 301 W Main Street The Spa -Hot Springs and Motel
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