BACK ON MARKET AFTER BUYER'S FINANCING FELL THROUGH.
Turn-key, nicely updated economy lodging hotel, comprising real and personal property, located 15 miles from West Entrance of Glacier National Park is now available for purchase -- this is commonly known as the nicest hotel in the glacier corridor. Absentee owner of five years is retiring and liquidating all assets, including this charming hotel. Great income. Great location. Great occupancy peak season.
Property is easy to run being under one roof with terrific, trained staff and many improvements made to property since this ownership. 32 rooms with PTACs for heat/AC (7 have exterior ground floor private door access so easy for ADA accessibility), lobby and breakfast room have all been updated which translates to the property enjoying great reviews. Everything is turn-key and ready -- you will simply need to hire a bookkeeper. Peak season is April through September enjoying 97% occupancy. Property has remained open year-round since built in 1995, but could be closed during the winter if desiring to save on payroll. 2019 gross income $540k; net income lower than normal at $91k (many improvements were made this last year including two new commercial dryers, PTACs, new suite furniture (not seen in pictures), new surveillance system, and more). 2018 gross income $547k; net income $150k. New buyer can easily be an absentee owner, or can live onsite in suite #209 which is the one oversized suite which has a kitchenette and large living and bed areas. Oversized property could potentially be expanded to include additional hotel rooms, restaurant, pool, ?
Easy property to show and terrific investment for the next owner.
