Sportsman's Lodge Restaurant and Casino
Offered for sale at $4,000,000
13.28% Cap Rate, 37.61% ROI & 1.99 GRM
Sportsman’s Lodge is an 18 key, midscale, full-service hotel in Ennis, Montana. The property includes a ~5000 sq.ft. full-service restaurant, as well as Sports Bar and Casino. The Sportsman’s Restaurant has a casual atmosphere, family-friendly menu, and is open for lunch and dinner. The casino has 18 gaming machines and is operated by a 3rd party. The entire property is professionally managed. The sports bar offers a wide selection of beer, wines, and cocktails, and features multiple HD TVs for sporting events. Meeting/Event space for ~50 people is available downstairs in the main lodge. Property includes 2 on-site living quarters, perfect for Owner/Operator.
The Sportsman’s Lodge offers a mix of King and Queen cabins, including 1 and 2 bedroom layouts. Guest amenities include flatscreen TVs, microwaves, mini-fridges, free high-speed WiFi, and air conditioning. Ideally located with ~264 feet of Highway 287 frontage, the hotel offers ample car/truck/RV/bus parking with a pull-through lot.
The town of Ennis is located in southwestern Montana approximately 60 miles southwest of Bozeman and 70 miles northwest of West Yellowstone. Ennis lies on the eastern side of Madison County in the Madison River Valley and features year-round outdoor recreation and an authentic, western atmosphere. As a resort community, the town of Ennis attracts an influx of seasonal visitors because of its location in the heart of prime fishing and hunting territory. The Madison River, which skirts the east side of Ennis, is a blue-ribbon trout stream, and the surrounding mountains, including the Madison Range to the east, the Tobacco Roots to the northwest, and the Gravelly Range to the south, provide excellent habitat for a variety of big game animals.
Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
Selling Broker co-op (if available) contingent upon receipt and CIP approval of Buyer Registration in advance of receipt of the marketing package, financials, and presentation of offers. No co-op without CIP approval of Buyer registration. Please call with questions regarding this requirement.