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Cooke City, Montana COOKE CITY, MONTANA Mike Icardo Realty Contact ‐ Marc Wass Licensed in Idaho and Montana ID ‐ (208) 660‐6198 MT (406) 671‐6355 (Voice) [email protected] Cooke City, Montana Summary of Offering 32 Room Updated Hotel Additional Land For Parking Full Service Restaurant and Bar Fully Equipped and stocked Maintenance Shops Guest Laundry Area Well Equipped Commercial Laundry USPS Lease Space Offsite Manager’s Residence Cooke City, Montana Table of Contents Section 1 Property Description Section 2 Location Analysis Section 3 Pricing and Financial Analysis Section 4 Demographic Links Mike Icardo Realty Cooke City, Montana Property Description Section 1 Mike Icardo Realty Investment Overview Cooke City, Montana Investment Highlights Current Absentee Ownership Increasing Revenue Stream and Cash Flow Recent Room and Restaurant Renovaon Three‐story, Interior Corridor Property Located at the Northeast Entrance to Yellowstone Na‐ onal Park Located On the Beartooth Highway This independent hotel is a full service hotel which includes renovated standard rooms and larger family suites for guests. The hotel offers a full service restaurant and lounge open seven days per week. The hotel has just finished a major renovaon of most guest rooms, and restaurant and lounge area. The renovaon included a stud up renovaon. Upon entry guests are welcomed by a grand fire‐ place and mbered lobby area. The hotel is ideally located on Highway 212 just outside the entrance to Yellowstone Naonal Park and Scenic Beartooth Highway. The property has excellent proximity to guest amenies. An Exxon gas staon is located conguous to the West and the US postal service has a leased facility onsite. A souvenir shop is located across the street. The onsite Restaurant and Lounge offers a full service menu that includes all meal services including steaks and seafood for the dinner hour. The lounge offers all beverage service and owned gaming machines for an addional revenue source. This informaon has been secured from sources we believe to be reliable, but we make no representaons or warranes, expressed or implied, as to the accura‐ cy of the informaon. References to square footage or age are approximate. Buyer must verify the informaon and bears all risk for any inaccuracies. Mike Icardo Realty Property Summary Cooke City, Montana The Offering Property Soda Butte Lodge Property Address 210 Main Street E, Cooke City , Montana 59019 Tax ID 0000051210, 0000050880, 0000050885 and 000M006039 Site Description Total Area 1.7Acres Year Renovated Current Type of Ownership Fee Simple Parking Above Average Handicapped Parking Ample Truck/Trailer/Motor Home Parking Good Property Tier Independent, Standard Plus Location Type Destination/Resort/Recreational Room Breakdown Total Number of Guest Rooms 32 Rooms Total Employee Rooms 7 Rooms Manager Home (Manufactured/Offsite) 1 Home Owners Living Quarters (Onsite) 1 Bedroom Apartment This informaon has been secured from sources we believe to be reliable, but we make no representaons or warranes, expressed or implied, as to the accura‐ cy of the informaon. References to square footage or age are approximate. Buyer must verify the informaon and bears all risk for any inaccuracies. Mike Icardo Realty Property Summary Cooke City, Montana Construction/Mechanical Foundation/Framing Concrete/Wood/Timbers Exterior Siding Parking Surface Asphalt/Gravel /Concrete Elevator None Roof Rolled/Shingle/Metal HVAC Boilers + Electric BB Fire/Life/Safety Fire Extinguishers, Smoke Detectors Interior Room Detail HVAC/Condition Mixed/Good-Excellent Type of Bath/Shower/Condition Tub/Shower and Combo/Good-Excellent Bath Floor Type/Condition Tile/Good-Excellent Furnishings/Condition Newer Rustic Appropriate/Good-Excellent Window Covering/Condition Draperies/Good-Excellent Room Floor Type/Condition Carpet/Mixed Average-Excellent Wall Coverings/Condition Paint Good–Excellent Television Type/Condition Flat Screen Good Phone System Available Voice Mail Available Internet Access Wireless - High Speed This informaon has been secured from sources we believe to be reliable, but we make no representaons or warranes, expressed or implied, as to the accura‐ cy of the informaon. References to square footage or age are approximate. Buyer must verify the informaon and bears all risk for any inaccuracies. Mike Icardo Realty Features and Amenities Cooke City, Montana Common Area Features Full Service Restaurant Lounge Area with Gaming Machines Renovated Public Bathrooms Warm Timbered Recepon Area This informaon has been secured from sources we believe to be reliable, but we make no representaons or warranes, expressed or implied, as to the accura‐ cy of the informaon. References to square footage or age are approximate. Buyer must verify the informaon and bears all risk for any inaccuracies. Mike Icardo Realty Features and Amenities Cooke City, Montana This informaon has been secured from sources we believe to be reliable, but we make no representaons or warranes, expressed or implied, as to the accura‐ cy of the informaon. References to square footage or age are approximate. Buyer must verify the informaon and bears all risk for any inaccuracies. Mike Icardo Realty Features and Amenities Cooke City, Montana Room Amenies Flat Screen TVs Large Family Suites Updated FF&E Package Updated Bathrooms/Vanies Newer Bedding Some Creek View Rooms This informaon has been secured from sources we believe to be reliable, but we make no representaons or warranes, expressed or implied, as to the accura‐ cy of the informaon. References to square footage or age are approximate. Buyer must verify the informaon and bears all risk for any inaccuracies. Mike Icardo Realty Cooke City, Montana Location Section 2 This informaon has been secured from sources we believe to be reliable, but we make no representaons or warranes, expressed or implied, as to the accura‐ cy of the informaon. References to square footage or age are approximate. Buyer must verify the informaon and bears all risk for any inaccuracies. Mike Icardo Realty Location Cooke City, Montana Cooke City is located only a few miles from the Northeast Gate of Yellowstone Naonal Park, it is surrounded by Yellowstone Naonal Park, Custer/Gallan Naonal Forest and two Scenic Byways; The Beartooth Highway and Chief Joseph Highway. In 2016 Yellowstone Naonal Park had 5,130,513 visits with 231,267 occurring through the Northeast Gate of the Park. The population in the Colter Pass, Cooke City, Silver Gate area is ap- proximately 100 people year round and 300 people during the sum- mer. The one room school serves K-8th grades. For school information contact the Park County School District. Enrollment in the recent past has ranged from 3 to 10 students. Mike Icardo Realty Location Cooke City, Montana The Chief Joseph Scenic Highway, State Hwy 296 is a spectacular 46 mile drive from Cody, Wyoming to Cooke City, Montana allowing passengers to view the beauful landscape and abundant wildlife. The drive allows access to the Northeast entrance of Yellowstone Naonal Park and the Beartooth Highway. The Chief Joseph Scenic Highway, also known as the Sunlight Basin Road, starng just outside Cody, Wyoming, passes breathtaking sights such as the Yellowstone River and Heart Mountain. Visitors have the opportunity to view a huge array of wildlife at each turn. The Chief Joseph Highway offers unbeatable views of Wyoming and the chance to view areas of geo‐ logical interest. From May 31 – September 30th total traffic on the Beartooth highway was 178,904 vehicles. Nonresidents represented 91% of total traffic: 76,147 through YNP NE entrance; 57,727 from Red Lodge; 28,391 from WY Highway 296 . From the Cooke City, Montana area, visitors who leave Yellow- stone National Park through the northeast entrance will find themselves on the Beartooth All- American Road. The Road trav- els through the historic mining communities of Silver Gate and Cooke City, Montana, and contin- ues on for 68 breath- taking miles past the Beartooth-Absaroka Wilderness and over the Beartooth Plateau at an elevation of 10970 feet and to Red Lodge, Montana. Mike Icardo Realty Location Cooke City, Montana Cooke City is a lile town nestled in the heart of some amazing mountain scenery right along the Montana/Wyoming border, just outside the north‐ east corner of Yellowstone Naonal Park. Ever wondered what exactly was placed at the edge of the earth? Well, in the winterme, the answer would be every snowmobiler's paradise‐Cooke City. Aer the snow flies, there is only one way in and one way out of this quaint lile town, giving you the feeling this really is the end of the earth. Upon arrival you'll find there is no reason to travel on any further. The Colter Pass, Cooke City, Silver Gate area provides the state’s best snowmobiling as supported by SnoW‐ est Magazine who rated Cooke City #1 in 2004. Offer‐ ing 60 miles of groomed trails that are maintained by the local volunteer snowmobile club. Cooke City snowmobiling can start in early November and can end in late June or July. Cooke City is famous for late riding where winter snow condions can oen be seen in the late spring. Cooke City spring riding al‐ lows access to areas that may have been out of reach for some in normal mid‐winter condions—so extend your riding season and come to Cooke City. SnoWest “Just west of the Beartooth Pass (elevaon 10,947 feet) is some of the best backcountry riding Montana has to offer. You liter‐ ally ride from your lodging's doorstep (Soda Bue Lodge) and you quickly rise from Cooke City's elevaon at 7,600 feet to more than 10,000 feet in no me at all. While the trail map only shows 60 miles of groomed trails, we challenge you to cover it all over the course of three or four days. “ Mike Icardo Realty Location Cooke City, Montana Cooke City Snowmobiling “Steep and Deep” One of the World's Premiere Snowmobiling Destinations Mike Icardo Realty Competitive Properties Cooke City, Montana Soda Bue Lodge is one of two major hotel properes in Cooke City.
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