Skip To Content

    1014 Scott Street W

    Gardiner, MT 59030
    • $10,900,000
    • STATUS: Active
    • ON SITE: 124 days
    • MLS #: 357839
    UPDATED: 38 min ago
    $10,900,000
    • 0
      BEDS
    • 2.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 36,957
      SQFT
    • $295
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2021
    County:

    School Ratings & Info

    Description

    Absolute turn-key hotel in Gardiner near the north entrance of the world renowned Yellowstone National Park. This hotel was built in 2018 and additional buildings added in 2021 and comes complete with employee housing. This hotel boasts 71 rooms, employee housing, onsite laundry facilities for both employees and separate laundry for guests, a duplex designed as "owner" and "manager" housing, or use it to generate more revenue. With cap rates in the high 11's (Seller raised room rates this year, and it may cap over 12%), this is the perfect investors property. There is an option to purchase 6 standalone cabins that generate not only more business, but draws the customers who want that "Montana cabin dream vacation".

    Monthly Payment Calculator



    © 2021 Big Sky Country MLS. All rights reserved. IDX 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 is not guaranteed accurate by the MLS or Montana Home Team | Coldwell Banker Distinctive Properties. Data last updated: 2021-09-21T12:51:21.307.
    www.montanahometeam.com/homes/117364594
    Print Image

    1014 Scott Street W Gardiner, MT 59030

    • Price: $10,900,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 357839
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.19
    Acres
    36,957
    SQFT
    $295
    $/SQFT
    2021
    Built
    Neighborhood:
    6G - Gardiner/Cooke City
    County:
    Park
    Area:
    6G - Gardiner/Cooke City
    Property Description
    Absolute turn-key hotel in Gardiner near the north entrance of the world renowned Yellowstone National Park. This hotel was built in 2018 and additional buildings added in 2021 and comes complete with employee housing. This hotel boasts 71 rooms, employee housing, onsite laundry facilities for both employees and separate laundry for guests, a duplex designed as "owner" and "manager" housing, or use it to generate more revenue. With cap rates in the high 11's (Seller raised room rates this year, and it may cap over 12%), this is the perfect investors property. There is an option to purchase 6 standalone cabins that generate not only more business, but draws the customers who want that "Montana cabin dream vacation".
    Exterior Features

    Other Parking 26 Or More Parking Features Common Road Frontage Type

    Interior Features

    Above Grade Finished Area 0 Building Area Total 36957 Cooling Varies By Unit Heating Forced AirGasPropaneNatural GasWall Furnace Heating YN Yes

    Property Features

    Association Fee 0 Listing Terms Cash3Rd Party Financing Ownership Full Possession Delivery Of Deed Possible Use Hotel/Motel Property Subtype Business Sewer Public Sewer Special Listing Conditions None Street Additional Info 204 Granite St. Tax Annual Amount 18990 Tax Year 2020 Utilities Natural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Zoning Description None - None/Unknown

    Listing courtesy of Sue Frye of Era Landmark Real Estate. © 2021 Big Sky Country MLS. All rights reserved.


    © 2021 Big Sky Country MLS. All rights reserved. IDX 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 is not guaranteed accurate by the MLS or Montana Home Team | Coldwell Banker Distinctive Properties. Data last updated: 2021-09-21T12:51:21.307.
     
    https://bt-photos.global.ssl.fastly.net/montana/orig_boomver_1_357839-2.jpg https://bt-photos.global.ssl.fastly.net/montana/orig_boomver_1_357839-2.jpg https://bt-photos.global.ssl.fastly.net/montana/orig_boomver_1_357839-2.jpg
    Logo
    Montana Home Team | Coldwell Banker Distinctive Properties
    2621 W. College St. Ste A
    Bozeman MT, 59718