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About This Home
This 0-bedroom, 0-bathroom single family at 1521 NW 1st Avenue unit: A in Great Falls, MT is listed for $2,500,000 ($333 per sqft). Built in 1954, the home offers 7,512 sqft of living space on a N/A lot.
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. Exterior painting is currently underway. Seller will consider carrying short-term financing for qualified buyers.
Key Features
- Built in 1954
Property Details
Monthly Cost Estimate
$13,371/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1521 NW 1st Avenue unit: A
Great Falls, MT 59404
Questions & Answers
This 0-bedroom, 0-bathroom single family at 1521 NW 1st Avenue unit: A is listed at $2,500,000 ($333/sqft). The estimated monthly payment is $10,833 based on 20% down at 6.5% interest.
Key features include: Built in 1954.
This property is listed by Gary Shea and can be reached at 4064907432 or gary@c21shea.com.
