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Spa Hot Springs Motel & Tenderfoot Cabins 202 W Main St 53 Room Hotel White Sulphur Springs, MT 59645 $21,636,761 CAD ($408,241 CAD/Room) 7.90% Cap Rate



EXECUTIVE SUMMARY
Nestled in the heart of White Sulphur Springs, Montana, the Spa Hot Springs Motel & Tenderfoot Cabins offer a rare opportunity to acquire a distinguished hospitality and wellness destination with a century-old legacy. This property blends Montana’s natural beauty, historic charm, and the growing appeal of luxury wellness travel. Located on Main Street, it provides exceptional visibility and accessibility while offering guests an authentic experience rooted in natural mineral waters, contemporary comfort, and small-town hospitality.
The property is ideally situated within a scenic mountain valley, serving as a gateway to year-round outdoor recreation, including skiing and snowboarding at nearby Showdown Mountain, cross-country trails at Silver Crest, and summer activities such as hiking, fishing, kayaking, and mountain biking. This consistent influx of visitors supports steady occupancy and mitigates seasonal volatility common to rural hospitality assets.
Spa Hot Springs features three mineral-fed soaking pools, two outdoors and one indoors, maintained between 100–105°F. The chemical-free waters are drained nightly, ensuring a pure and restorative experience. Complementing the pools are 41 motel rooms and 12 Tenderfoot Cabins, each combining rustic Montana character with modern amenities. Pet-friendly policies, remodeled interiors, and attentive service foster a loyal and repeat clientele, supporting stable, year-round operations.
From an investment perspective, the property offers a strong foundation of income with significant upside potential. Opportunities include the addition of curated spa services, wellness retreats, yoga weekends, and corporate getaway packages. The property’s layout and downtown location also allow for lodging expansion, premium package offerings, and membership-based revenue models. Bundling accommodations with soaking access, spa treatments, and guided outdoor experiences can capture higher-spending travelers seeking authenticity and wellness-focused escapes.
Spa Hot Springs also benefits from a compelling narrative: its mineral waters have been valued for centuries, with origins dating back to Indigenous use and commercial development in the 19th century. This heritage, combined with careful stewardship and modern operations, positions the property as a genuine, high-end wellness destination in a competitive market.
In summary, Spa Hot Springs Motel & Tenderfoot Cabins represent an exceptional acquisition for investors seeking a high-margin, year-round hospitality asset rooted in natural wellness and Montana heritage. With proven operational stability, authentic branding, and multiple avenues for growth, this one-of-a-kind property is poised to evolve into a premier destination resort where history, healing, and modern comfort converge.
The property is ideally situated within a scenic mountain valley, serving as a gateway to year-round outdoor recreation, including skiing and snowboarding at nearby Showdown Mountain, cross-country trails at Silver Crest, and summer activities such as hiking, fishing, kayaking, and mountain biking. This consistent influx of visitors supports steady occupancy and mitigates seasonal volatility common to rural hospitality assets.
Spa Hot Springs features three mineral-fed soaking pools, two outdoors and one indoors, maintained between 100–105°F. The chemical-free waters are drained nightly, ensuring a pure and restorative experience. Complementing the pools are 41 motel rooms and 12 Tenderfoot Cabins, each combining rustic Montana character with modern amenities. Pet-friendly policies, remodeled interiors, and attentive service foster a loyal and repeat clientele, supporting stable, year-round operations.
From an investment perspective, the property offers a strong foundation of income with significant upside potential. Opportunities include the addition of curated spa services, wellness retreats, yoga weekends, and corporate getaway packages. The property’s layout and downtown location also allow for lodging expansion, premium package offerings, and membership-based revenue models. Bundling accommodations with soaking access, spa treatments, and guided outdoor experiences can capture higher-spending travelers seeking authenticity and wellness-focused escapes.
Spa Hot Springs also benefits from a compelling narrative: its mineral waters have been valued for centuries, with origins dating back to Indigenous use and commercial development in the 19th century. This heritage, combined with careful stewardship and modern operations, positions the property as a genuine, high-end wellness destination in a competitive market.
In summary, Spa Hot Springs Motel & Tenderfoot Cabins represent an exceptional acquisition for investors seeking a high-margin, year-round hospitality asset rooted in natural wellness and Montana heritage. With proven operational stability, authentic branding, and multiple avenues for growth, this one-of-a-kind property is poised to evolve into a premier destination resort where history, healing, and modern comfort converge.
PROPERTY FACTS
| Price | $21,636,761 CAD | Lot Size | 3.84 AC |
| Price Per Room | $408,241 CAD | Building Size | 24,446 SF |
| Sale Type | Investment | No. Rooms | 53 |
| Cap Rate | 7.90% | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built | 1973 |
| Property Type | Hospitality | Parking Ratio | 4.17/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | IMP_U - Improved Property Urban | ||
| Price | $21,636,761 CAD |
| Price Per Room | $408,241 CAD |
| Sale Type | Investment |
| Cap Rate | 7.90% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.84 AC |
| Building Size | 24,446 SF |
| No. Rooms | 53 |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 4.17/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | IMP_U - Improved Property Urban |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 12 | $235.91 CAD | - |
| Guest Room | 41 | $228.93 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 47-1799-18-2-57-30-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,878,048 CAD |
PROPERTY TAXES
Parcel Number
47-1799-18-2-57-30-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,878,048 CAD
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Spa Hot Springs Motel & Tenderfoot Cabins | 202 W Main St
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