4 Maiden Basin Dr - Hospitality FOR SALE


Gardiner, MT 59030
$4,750,000 USD
717-226-9490
4 Maiden Basin Dr, Gardiner, MT for Sale
$4,750,000 USD
Hospitality - FOR SALE
1/23
null | 12.11% Cap Rate

4 Maiden Basin Dr
Gardiner, MT 59030


HIGHLIGHTS

  • Panoramic Views
  • Come See What You Can't See in Town
  • No Resort Tax
  • No Franchise Fees

OVERVIEW

The Yellowstone Basin Inn, cool summer nights and low humidity! Our motto is "Come See What You Cannot See in Town!" Located only minutes from The "Granddaddy of All National Parks-Yellowstone". Having your guests stay out of town at the Yellowstone Basin Inn, places them in a relaxing and peaceful atmosphere, away from the hustle and bustle of a town. On Trip Advisor The Yellowstone Basin Inn is rated #1 in Gardiner MT and in the Top 10% of hotels worldwide. The Inn has the location for guests that want the Montana scenic experience. When a guest arrives, their first reaction is to start taking pictures. The Inn has panoramic views facing Yellowstone National Park's Electric Peak Mountain (just shy of 11,000 ft), open fields, the Devil's Slide (red rock formation), and the mountain range of the Gallatin National Forest. The Inn is situated on a hill that enhances the views. Located 5 miles from the town of Gardiner and the North Entrance of Yellowstone National Park, which is the only entrance that stays open year round. Location gives easy access to the Park. The Inn has 17 rooms. Currently the 17th room is the owners residence. The cap rate is over 12%, but if room #17 rented this could add $40-$50,000 gross income, which would increase this cap rate. Different amenities are found in each room, ranging from kitchens, kitchenettes, king beds, queen beds. Large porch on main Inn. Kitchen for preparation of breakfast. A breakfast building. There is a basement apartment for employee housing or additional rental, with 3 bedrooms, bathroom, kitchen, and living room area. Property is on 2 separate deeds. The location boosts white water rafting, horse riding, fishing, wildlife viewing, and hiking. Close to fishing accesses. Would make a great Corporate Retreat. Extremely efficient operation, no franchise fees, and no resort tax for the guest (which is charged in the town of Gardiner). The Inn is currently operated by husband and wife. Owners will train and/or stay on as management for a time period. Big benefit of this property is that majority of revenue is in 6 months. This property is "The Goose that Layed the Golden Egg" . Seller is a Montana Real Estate Agent (for sale by owner).

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$376 USD /SF

# OF ROOMS

17

PRICE/ROOM

$279,412 {currency}

CAP RATE

12.11%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Yellowstone Basin Inn

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1994

PARKING SPACES

21

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

2

APN/PARCEL ID

49-0169-05-2-35-01-0000

ASK ABOUT THIS PROPERTY

Jeannette MikosYellowstone Basin InnMore Info
717-226-9490

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Jeannette MikosYellowstone Basin InnMore Info
717-226-9490

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.