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4 Maiden Basin Drive Drive

Gardiner, 59030

Office Logo
$4,695,000
Residential Listing
2.88 AC
Era Landmark Bozeman19th/Dickerson Office (406) 586-1321
info@eralandmark.com

Summary

The "Granddaddy of All National Parks-Yellowstone". This property, the Yellowstone Basin Inn, is the opportunity that you have been looking for!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 forguests that want the Montana scenic experience. When a guest arrives, their first reaction is to start taking pictures. The Inn has panoramic viewsfacing Yellowstone National Park's Electric Peak Mountain (just shy of 11,000 ft), open fields, the Devil's Slide (red rock formation), and themountain range of the Gallatin National Forest. The Inn is situated on a hill, away from the main road, that enhances the views. Located 5 milesfrom the town of Gardiner and the North Entrance of Yellowstone National Park, which is the only entrance that stays open year round. Locationgives easy access to the Park. The Inn has 17 rooms. Currently the 17th room is the owners residence. The cap rate is 13.09%, but if room #17rented this could add $40-$50,000 gross income, which would increase this cap rate. Different amenities are found in each room, ranging fromkitchens, kitchenettes, king beds, queen beds. Large porch on main Inn. Kitchen for preparation of breakfast. A breakfast building. There is abasement apartment for employee housing or additional rental, with 3 bedrooms, bathroom, kitchen, and living room area. The location boostswhite water rafting, horse riding, fishing, wildlife viewing, and hiking. Would make a great Corporate Retreat. The Inn is currently operated byhusband and wife. Owners will train and/or stay on as management for a time period. Most of income is in a 5 month period. "The Goose that Layed the Golden Egg"Seller is a Montana Real Estate Agent

For full property details, please visit:
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Details

  • Neighborhood
    None
  • Type
    Multi Family
  • Year Built
    1994
  • Lot Size
    2.88 AC
  • Levels
    Two
  • Heating
    Baseboard, Electric, Propane, Natural Gas, Wall Furnace
  • Cooling
    Central Air,Ceiling Fan(s),Wall/Window Unit(s)
  • Community
    Gardiner
  • Utilities
    Electricity Connected, Phone Available, Septic Available, Water Available
  • Days on Market
    38
  • Listing Courtesy of
    Legacy Lands, LLC
  • MLS #
    399285