38600 US Highway 12
Lolo, MT 59847

OFFERED AT $1,495,000 YIELDING A 13.45 CAP RATE!! The Lodge at Lolo Hot Springs is located adjacent to HWY 12 in the mountains of Montana just 30 minutes from Missoula, the state's second largest city. This is the world-renown spot featured in the journals of the Lewis and Clark expedition. The Lodge features 18 oversized suites, 12 standard rooms and three apartments including a manager's apartment. The suites feature log walls with wood ceilings and locally crafted log furniture. The beautiful 5000+ square foot log and slate lobby has several seating areas for guests to lounge, enjoy breakfast or sit beside the cozy fireplace along with meeting space for 30 or more. A small convenience store off the lobby provides essentials for guests. The grounds are perfect for weddings, family reunions and other events. Guests of The Lodge BBQ by the on-site pond as they watch for moose, ducks and other wildlife, hike the Lewis and Clark trail that runs through the 8 acre compound, bike ride, RV or just relax by the lobby. Winter guests travel from throughout the country to snowmobile and cross country ski. No stay would be complete without soaking in the two oversized natural hot tubs that accommodate over 20 guests in a private indoor setting. The tubs are flow-through tubs featuring the natural hot springs water many guests say is therapeutic. With year-round temperatures of 100 to 104 degrees the tubs offer the perfect, natural experience. The Lodge is adjacent to the Lolo Hot Springs Resort (separate ownership) that features a restaurant, large swimming pool and RV park. Sales for The Lodge have consistently grown year after year as more clients discover the experience. This is a rare opportunity to own a profitable, destination Lodge in a world-renown location with coveted hot springs water rights. Absentee owner retiring. 2% commission offered to participating brokers.