1521 1st Ave. NW#A, Great Falls, MT 59404
sale
$2,500,000
|
Hospitality
Listed By CENTURY 21 Shea Realty
Outstanding investment opportunity featuring a recently repositioned hospitality asset with strong in-place income and future upside. Originally constructed as a motel in 1954, the property was thoughtfully converted in 2025 into 23 Single Room Occupancy (SRO) units designed to accommodate both short-term and long-term tenants-creating diversified revenue streams and consistent demand. The property offers 23 private units, each with its own bathroom, and four units are equipped with convenient kitchenettes. Since commencing operations in October 2025, occupancy has remained strong, demonstrating solid market demand and operational stability. The seller is offering a three-month "rent guarantee" with a full-price offer, adding an additional layer of security for investors. With a projected Net Operating Income of $181,000, this asset presents an attractive return. Exterior painting is currently underway. Seller will consider carrying short-term financing for qualified buyers.
Read More About This Property
Read Less About This Property
Property Features
- Area Amenities: Boating
- Area Amenities: Biking
- Area Amenities: Area Fishing
- Area Amenities: Area Hiking
- Area Amenities: Jogging / Biking Path
- Cross Docks: N
- For Auction: N
- MLSID: 409724
- Price Upon Request: N
- Property Use: Rental or Investment
- Sewer: City
- Style: Other Style
- Sublease: N
- Water: City Water
- Year Built: 1954
- Zoning: C2
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
