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202 W MAIN ST White Sulphur Springs MT 59645-9082

APN 47-1799-18-2-57-30-0000

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Details
Property Type Hospitality, Industrial (+2)
Sub Type Executive Office, Hotel (+1)
Building SqFt 3,046
Lot SqFt 61,420
Acreage ******
Number of Units 10
Year Built 1997
Building Count 6
Opportunity Zone Yes
Tax Year ******
Tax Land ******
Tax Additions ******
Owner Name GUDMUNDSON GENE M
Owner Mailing Address (Full Address) ******
APN 47-1799-18-2-57-30-0000
USPS Vacancy Indicator N

Property History

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Property Type
Property Type
Mixed Use, Hospitality, Industrial, Office
Property Subtype
Hotel, Warehouse, Executive Office
Asking Details
Asking Price
$15,500,000
Asking Cap Rate
8.9%
Marketing Description
Nestled in White Sulphur Springs, Montana, Spa Hot Springs Motel & Tenderfoot Cabins is a premier hospitality and wellness destination with over a century of history.​ Featuring 41 remodeled rooms, 12 private cabins, and three mineral-fed soaking pools, the property delivers year-round revenue with loyal clientele.​ Its historic mineral waters, authentic Montana charm, and proximity to skiing, hiking, and outdoor recreation create a unique, high-margin investment.​ Opportunities include spa services, wellness retreats, lodging expansion, premium packages, and membership programs, offering investors both stable income and significant growth potential.​ The property is ideally situated within a scenic mountain valley, serving as a gateway to year-round outdoor recreation, including skiing and snowboarding at nearby Showdown Mountain, cross-country trails at Silver Crest, and summer activities such as hiking, fishing, kayaking, and mountain biking.​ This consistent influx of visitors supports steady occupancy and mitigates seasonal volatility common to rural hospitality assets.​ Spa Hot Springs features three mineral-fed soaking pools, two outdoors and one indoors, maintained between 100–105°F.​ The chemical-free waters are drained nightly, ensuring a pure and restorative experience.​ Complementing the pools are 41 motel rooms and 12 Tenderfoot Cabins, each combining rustic Montana character with modern amenities.​ Pet-friendly policies, remodeled interiors, and attentive service foster a loyal and repeat clientele, supporting stable, year-round operations.​ From an investment perspective, the property offers a strong income foundation with significant upside potential.​ Opportunities include the addition of curated spa services, wellness retreats, yoga weekends, and corporate getaway packages.​ The property’s layout and downtown location also allow for lodging expansion, premium package offerings, and membership-based revenue models.​ Bundling accommodations with soaking access, spa treatments, and guided outdoor experiences can capture higher-spending travelers seeking authenticity and wellness-focused escapes.​ Spa Hot Springs also benefits from a compelling narrative: its mineral waters have been valued for centuries, with origins dating back to Indigenous use and commercial development in the 19th century.​ This heritage, combined with careful stewardship and modern operations, positions the property as a genuine, high-end wellness destination in a competitive market.​ In summary, Spa Hot Springs Motel & Tenderfoot Cabins represent an exceptional acquisition for investors seeking a high-margin, year-round hospitality asset rooted in natural wellness and Montana heritage.​ With proven operational stability, authentic branding, and multiple avenues for growth, this one-of-a-kind property is poised to evolve into a premier destination resort where history, healing, and modern comfort converge.​
Property Type
Property Type
Mixed Use, Hospitality, Special Purpose
Property Subtype
Hotel
Marketing Description
The Spa Motel and Hot Springs is nestled in the serene setting of the town of White Sulphur Springs, Montana, and offers a rejuvenating retreat for guests seeking relaxation and wellness. The current owners have taken the last 36 years to bring the famous hot springs to it's current standing; and are now ready to hand it off to it’s next visionary owner. With the hot springs’ rich history dating back centuries, The Hot Springs has been a cherished destination for travelers seeking the therapeutic benefits of natural hot springs. For hundreds of years many of the Native American Tribes used these natural springs for healing their sick. This opportunity produces a fantastic income and all financials are available with a signed NDA. This is truly a money maker! 7.9% CAP Rate, 53 total keys, 3 pools (recently re-lined), new locker room facilities, and hundreds more updates. The business side of the transaction is being handled by attorney Joseph Passamani of Passamani and Letang.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
DT
David Torgerson
LIC: RRE-BRO-LIC 108405
•••.•••.8565
•avid@••••••••••••••••••••••.com
Versant Real Estate Group

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