Estimated payment $15,268/month
Highlights
- 1.19 Acre Lot
- Security System Owned
- High Speed Internet
- Mountain View
- Central Air
About This Home
This well-maintained 16-unit hotel is an excellent investment opportunity! Ideally situated close to local amenities, this property offers a convenient stay for guests while ensuring an inviting atmosphere. Clean and comfortable rooms which are meticulously maintained, providing a welcoming space for guests. Just minutes away from restaurants, shops, and attractions, making it a desirable choice for travelers. There is a dedicated, livable space for on-site management enhancing operational efficiency and guest satisfaction, and A relaxing outdoor area for guests to unwind or for potential outdoor activities. This hotel has a large parking lot accommodating guests and staff, ensuring easy access. The Sandman has a strong occupancy rates in a thriving area with potential for growth with added amenities or services. Cap rate is 5%.
Listing Agent
CENTURY 21 Summit Realty License #RRE-RBS-LIC-109160 Listed on: 10/07/2024
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $7,686
Year Built
- Built in 1971
Lot Details
- 1.19 Acre Lot
Parking
- 2 Carport Spaces
Home Design
- Poured Concrete
- Metal Roof
Interior Spaces
- 7,240 Sq Ft Home
- Property has 3 Levels
- Mountain Views
Unfinished Basement
- Laundry in Basement
- Crawl Space
Home Security
- Security System Owned
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Air
- Septic Tank
- Private Sewer
- High Speed Internet
- Cable TV Available
Community Details
- 17 Units
- Reception Area
Listing and Financial Details
- Assessor Parcel Number 56417504107060000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,639 | $984,700 | $0 | $0 |
| 2024 | $6,580 | $839,700 | $0 | $0 |
| 2023 | $8,237 | $839,700 | $0 | $0 |
| 2022 | $5,004 | $563,900 | $0 | $0 |
| 2021 | $6,230 | $563,900 | $0 | $0 |
| 2020 | $6,071 | $486,800 | $0 | $0 |
| 2019 | $6,026 | $486,800 | $0 | $0 |
| 2018 | $5,369 | $416,599 | $0 | $0 |
| 2017 | $4,568 | $416,599 | $0 | $0 |
| 2016 | $5,024 | $395,042 | $0 | $0 |
| 2015 | $3,421 | $395,042 | $0 | $0 |
| 2014 | $4,121 | $337,180 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/12/2025 10/12/25 | For Sale | $2,800,000 | 0.0% | $387 / Sq Ft |
| 10/07/2025 10/07/25 | Off Market | -- | -- | -- |
| 05/09/2025 05/09/25 | Price Changed | $2,800,000 | 0.0% | $387 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $2,800,000 | -3.4% | $387 / Sq Ft |
| 04/24/2025 04/24/25 | Off Market | -- | -- | -- |
| 02/19/2025 02/19/25 | Price Changed | $2,900,000 | 0.0% | $401 / Sq Ft |
| 02/19/2025 02/19/25 | For Sale | $2,900,000 | +31.8% | $401 / Sq Ft |
| 01/29/2025 01/29/25 | Off Market | -- | -- | -- |
| 10/14/2024 10/14/24 | Price Changed | $2,200,000 | -32.3% | $304 / Sq Ft |
| 10/07/2024 10/07/24 | For Sale | $3,250,000 | -- | $449 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Lincoln County Title Co |
Source: Montana Regional MLS
MLS Number: 30034317
APN: 56-4175-04-1-07-06-0000
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