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202 & 301 W Main Street

White Sulphur Springs, MT 59645
  • $18,800,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 30024095
$18,800,000
  • 0
    BEDS
  • 1.82
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1959
County:

School Ratings & Info

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.

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© 2024 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2024-05-26T22:18:36.62.
www.greatfallshomesearch.com/homes/149952173
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202 & 301 W Main Street White Sulphur Springs, MT 59645

  • Price: $18,800,000
  • Status: Active
  • On Site: 31 Days
  • MLS #: 30024095
0
Beds
0
Baths
0
½ Baths
1.82
Acres
1959
Built
County:
Meagher
Area:
White Sulphur Springs
Property 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.
Exterior Features

Carport YN No Foundation Details Poured Frontage Type Other See Remarks Garage YN No Parking Features RVAccess Parking See Remarks Pool Features Community Road Frontage Type City Street Highway Road Surface Type Asphalt Concrete Spa Features Hot Tub Spa YN Yes View City Meadow Mountains Residential Valley Trees Woods View YN Yes Waterfront Features Stream Waterfront Waterfront YN Yes

Interior Features

Basement YN No Cooling Window Units Cooling YN Yes Fireplace YN No Heating Geothermal Heat Pump Zoned Heating YN Yes

Property Features

Building Area Total 31934 Building Features Reception Area Signs Storage Wi Fi Business Type Hotel Motel Community Features Pool Current Use Hotel Motel Recreational See Remarks Green Energy Efficient HVAC Listing Terms Cash Conventional Property Condition Updated Remodeled Property Sub Type Building Land Security Features Security System Sewer Public Sewer Special Listing Conditions Standard Structure Type Cabin Hotel Motel Tax Annual Amount 19340 Tax Legal Description Sub / Blk / Lot / 15 / 1-2 09 N /06 E /13 Geo 1798-13-1-55-03-0000 WSS ORIGINAL TOWNSITE AMEND LOT 1-2 & 7-8 - AND- 09 N /07 E /18 Geo 1799-18-2-57-30-0000 C. O. S. 99203 WSS SPRINGS SQUARE ADD Tax Year 2023 Water Body Name White Sulphur Springs Hot Springs Water Source Community Coop See Remarks Zoning Description Hospitality

Listing Agent: David Torgerson
Listing Office: eXp Realty - Helena, Office Contact Info: 406-578-4399


© 2024 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2024-05-26T22:18:36.62.
 
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