1521 1st Ave NW, Great Falls, MT 59404

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. Zoned C-2 commercial, the property benefits from flexible use allowances, supporting continued SRO operations or potential hospitality repositioning.

Though operations began in late 2025, the property has already established itself as a reliable income-producing asset with steady cash flow and room for growth. Exterior painting is currently underway, further enhancing curb appeal. Seller may consider carrying short-term financing for qualified buyers.