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Rock Creek Resort Offering Brochure

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ROCK CREEK RESORT<br />

RED LODGE, MONTANA | CARBON COUNTY<br />

LISTED EXCLUSIVELY BY


TABLE OF CONTENTS<br />

INTRODUCTION1<br />

LOCATION & ACCESS2-3<br />

PHYSICAL & OPERATIONAL DESCRIPTION 5<br />

ACCOMMODATIONS & FACILITIES 7-24<br />

UTILITIES & SERVICES 25<br />

FENCES & BOUNDARY LINES 25<br />

REAL ESTATE TAXES 25<br />

MINERAL RIGHTS 25<br />

RESORT & AREA RECREATION26<br />

WATER RIGHTS 28<br />

ELEVATION & CLIMATE 29<br />

DEVELOPMENT POTENTIAL30<br />

BUSINESS DETAILS & SHOWINGS30<br />

RESORT HISTORY31<br />

SUMMARY STATEMENT32<br />

OFFERING PRICE & CONDITIONS OF SALE 33<br />

CONTACT INFORMATION34<br />

MAPS35-37


INTRODUCTION<br />

Tucked along the banks of <strong>Rock</strong> <strong>Creek</strong>, bordering National Forest lands, just outside of Red Lodge, Montana, is the tranquility of the <strong>Rock</strong> <strong>Creek</strong><br />

<strong>Resort</strong>. Moments from the Beartooth Highway and the nearby northeast entrance to Yellowstone National Park, the <strong>Resort</strong> occupies a prime commercial<br />

location in one of the world’s most spectacular settings.<br />

With over 38± deeded acres in multiple parcels, bordering the Custer National Forest on the west and east boundaries, a spring-fed stocked trout pond,<br />

and with .36± miles of <strong>Rock</strong> <strong>Creek</strong> meandering through the property, the <strong>Resort</strong> grounds perfectly capture the majesty of the Beartooth Mountains. In<br />

addition, the property includes the established & approved Mountain Shadows Subdivision on the southeast corner of the property consisting of five<br />

1+ acre lots - with two creek-front lots and three hillside lots.<br />

<strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong> is excited to announce the upcoming completion of major septic system upgrades. Through collaboration with Interstate Engineering<br />

and Peak Water Systems, the existing septic lift station and force main will be upgraded in the spring of 2023 to a state-of-the art DEQ-approved system<br />

capable of servicing the <strong>Resort</strong> far into the future. This upgraded system is valued at over $860,000.00 and is slated for completion in early May 2023.<br />

This established resort operation consists of varied guest accommodations of 84 rooms, the historic Old Piney Dell restaurant, pool and sauna, wedding<br />

and conference facilities, and transferable liquor and gambling licenses. The <strong>Resort</strong> offers the next owner the option for immediate use and almost<br />

unlimited possibilities for future expansion in a location that cannot be duplicated.<br />

— 1 —


LOCATION & ACCESS<br />

<strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong> is located an easy 5-mile drive south from downtown Red Lodge just off Highway 212. The <strong>Resort</strong> is uniquely positioned as the<br />

last large commercial resort operation before the Custer National Forest joins the Absaroka-Beartooth Wilderness, and ultimately Yellowstone National<br />

Park. Just past the entrance to the <strong>Resort</strong>, the road turns into the majestic Beartooth Highway - “the most beautiful roadway in America” as described<br />

by On the Road correspondent Charles Kuralt.<br />

Red Lodge retains the charm and quaint quality of small-town Montana while offering visitors the amenities, services, entertainment, shopping and fine<br />

dining typically found in larger communities. Recreational opportunities are abundant in summer and winter with downhill skiing, fishing, hiking and<br />

sightseeing being readily accessible.<br />

— 2 —


LOCATION & ACCESS<br />

The <strong>Resort</strong> is easily accessed via<br />

several main paved routes, and from<br />

several nearby airports: Billings-<br />

Logan International airport (1 hour<br />

15 min.) Cody, WY – Yellowstone<br />

Regional Airport (1 hour 15 min.)<br />

and Bozeman, MT – Bozeman<br />

Yellowstone International Airport<br />

(2 hours 30 min.)<br />

Billings Logan International<br />

Airport (BIL) is located about 68<br />

miles from the <strong>Resort</strong>. It is home<br />

to Allegiant, Alaska, American<br />

Airlines, Delta, Cape Air, Frontier<br />

and United Airlines and offers<br />

year-round direct flights to Denver,<br />

Dallas, Minneapolis, Portland,<br />

Salt Lake City, Seattle, Las Vegas<br />

and Phoenix, with seasonal direct<br />

flights to Chicago and Los Angeles.<br />

Recently upgraded, Bozeman<br />

Yellowstone International Airport<br />

at Gallatin Field in Belgrade (BZN) offers several full service FBOs, including the Yellowstone Jet Center, and excellent commercial services through<br />

Alaska, Allegiant, American, Delta, Frontier, Southwest, JetBlue, Sun Country and United Airlines. One of the busiest passenger airports in the Pacific<br />

Northwest, and the busiest in the state of Montana, BZN offers direct flights to 25 major airports around the nation including direct flights to the west<br />

coast, east coast, Texas, the southeast and Florida.<br />

Approximate distances to other cities and attractions are as follows:<br />

Downtown Red Lodge<br />

5 miles<br />

Red Lodge Ski Area<br />

11 miles<br />

Cooke City – via the Beartooth Highway<br />

60 miles<br />

Yellowstone National Park – NE Entrance<br />

64 miles<br />

Cody, WY<br />

68miles<br />

Billings, MT<br />

68 miles<br />

Bozeman, MT<br />

152 miles<br />

— 3 —


— 4 —


PHYSICAL & OPERATIONAL DESCRIPTION<br />

• 38.33± Deeded Acres<br />

• 21 Individual Parcels<br />

• Inclusive of the established & approved Mountain Shadows Subdivision on the southeast corner of the property<br />

consisting of five 1+ acre lots including two creek-front lots and three hillside lots. One creek lot has a well installed.<br />

• .36± Miles of <strong>Rock</strong> <strong>Creek</strong><br />

• Mixed Topography of riparian area, forest & open meadows – cottonwoods, pines & aspens<br />

• USFS Boundary on West and East Borders<br />

• Excellent Access of MT Highway 212<br />

• 2 Transferable Liquor Licenses<br />

• 1 Transferable Gambling License<br />

— 5 —


— 6 —


ACCOMMODATIONS & FACILITIES<br />

<strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong> features 84 guest rooms distributed throughout five buildings. Accommodations vary in layout including standard rooms, studio<br />

apartments, deluxe studio apartments, an executive suite, town homes and the Stoney “Honeymoon” Cabin. Most guest rooms feature either a view<br />

of <strong>Rock</strong> <strong>Creek</strong>, the surrounding mountains or the spring-fed trout pond. The <strong>Resort</strong> is a multi-use facility that can accommodate large groups and<br />

historically provides excellent income from weddings, special events and meetings in addition to the overnight guest component.<br />

— 7 —


ACCOMMODATIONS & FACILITIES<br />

— 8 —


BEARTOOTH LODGE<br />

GRIZZLY CONDOMINIUMS<br />

TWIN ELK<br />

— 9 —


ACCOMMODATIONS & FACILITIES<br />

BEARTOOTH LODGE<br />

The Beartooth Lodge is the heart of the <strong>Resort</strong>. Originally constructed in 1990, the Lodge welcomes guests in the main lobby with a backdrop of<br />

mountain views and a huge stone fireplace. The three-story Lodge features 33 guest rooms in various configurations including two queen beds, or<br />

studio apartments featuring kitchenettes, living/dining areas, Murphy beds, balconies and gas fireplaces. The Lodge is also home to the main 6,500±<br />

square foot banquet & conference facilities, the Kiva breakfast restaurant, 20' x 50' indoor heated pool, hot tub, sauna, locker rooms, work-out area and<br />

offices.<br />

— 10 —


— 11 —


ACCOMMODATIONS & FACILITIES<br />

TWIN ELK<br />

Twin Elk offers rustic elegance in a beautiful log building constructed in 1995. This three-story lodge offers guest accommodations on the upper floor,<br />

a large meeting or retail space on the main level, and two conference rooms, offices and bathrooms on the lower level. Twin Elk consists of four guestroom<br />

configurations – one queen bed, two full beds, one king bed with a Jacuzzi bath, and a spacious vaulted-ceiling deluxe apartment with a full<br />

kitchen, living/dining area and balcony overlooking the lawn and pond. Guest rooms also offer multiple adjoining room options for booking flexibility.<br />

— 12 —


— 13 —


ACCOMMODATIONS & FACILITIES<br />

GRIZZLY CONDOMINIUMS<br />

Originally designed to house students, coaches and families for the Red Lodge International Ski and Snowboard Camp, the Grizzly Condominiums<br />

were constructed in the 1970s, and remodeled in 1985. The building includes 39 individual units, including standard rooms, studios, deluxe apartments<br />

and an executive suite, with multiple options for bedroom configurations. The apartments feature full kitchens, living/dining area, balconies and a cozy<br />

wood stove. Units have both king- and queen-bed options, adjoining room options and some private decks overlooking <strong>Rock</strong> <strong>Creek</strong>.<br />

— 14 —


— 15 —


ACCOMMODATIONS & FACILITIES<br />

STONEY “HONEYMOON” CABIN<br />

Affectionately referred to as the “Honeymoon Cabin”, the Stoney Cabin is nestled in the trees and offers a king bed, gas fireplace, kitchenette, separate<br />

living and dining area, spacious Jacuzzi tub and a private deck. Constructed in 1995, the log cabin is consistently in high demand and popular as a<br />

private lodging option.<br />

ROCK CREEK TOWN HOMES<br />

The two <strong>Rock</strong> <strong>Creek</strong> Town Home units are located near the <strong>Resort</strong> entrance and offer spacious guest accommodations and a sense of privacy for<br />

families or larger groups. Each town home has three bedrooms, cathedral ceilings, wood stoves, full kitchens, and private decks. The town homes<br />

were originally constructed in 1980 and were fully remodeled in 1995.<br />

— 16 —


ACCOMMODATIONS & FACILITIES<br />

INDOOR POOL, SAUNA & FITNESS CENTER<br />

The Beartooth Lodge houses the 20'x50' heated indoor pool, a hot tub with a capacity of up to 8 guests, the co-ed sauna, and locker rooms. The pool<br />

facility is open to resort guests and to community members with a pool membership. The fitness area is currently located poolside and could be<br />

enhanced with new equipment should the new owner desire.<br />

— 17 —


ACCOMMODATIONS & FACILITIES<br />

CONFERENCE/MEETING FACILITIES<br />

Located in the Beartooth Lodge with over 6,500 square feet of indoor event space, the main<br />

conference facilities have doors that open directly onto an outdoor patio overlooking <strong>Rock</strong> <strong>Creek</strong>.<br />

The event facility can be utilized as one large open room or partitioned into two or three separate<br />

areas. A full commercial kitchen with walk-in cooler storage is adjacent to the event space allowing<br />

for food service and banquet options. Facilities include a dance floor, coat room and foyer bar, a<br />

sound system and wireless internet access. The <strong>Resort</strong> can also provide audio-visual equipment<br />

including, microphones, screens, and projectors.<br />

Twin Elk has additional meeting facilities both on the main level, and as two separate meeting<br />

rooms on the lower level of the lodge. The main level space was previously utilized as a specialty<br />

retail boutique and has various options for future use.<br />

The <strong>Resort</strong> also features a wonderful outdoor venue adjacent to the soccer field consisting of a<br />

beautiful BBQ area right next to <strong>Rock</strong> <strong>Creek</strong>. The venue includes cooking and serving facilities,<br />

20' x 40' tent, picnic tables, chairs, volleyball court and playground.<br />

— 18 —


ACCOMMODATIONS & FACILITIES<br />

— 19 —


ACCOMMODATIONS & FACILITIES<br />

WEDDING FACILITIES<br />

With the backdrop of the Beartooth Mountains and <strong>Rock</strong> <strong>Creek</strong>, the <strong>Resort</strong> has been a popular destination wedding venue for many years and<br />

consistently drives annual bookings. Please inquire for current booking information and income projections.<br />

There are several exceptional on-property locations in both outdoor and indoor settings that can accommodate small intimate gatherings to large<br />

wedding parties. Popular venues include:<br />

• The Patio – With <strong>Rock</strong> <strong>Creek</strong> as the backdrop – available year-round.<br />

• The Pond – An ideal setting with shade trees and a beautiful fountain – available during summer months.<br />

• The Field – Located at the south end of the <strong>Resort</strong> with majestic Beartooth views – available seasonally.<br />

• The Chapel – In the charming log building of Twin Elk – available year-round.<br />

• The Ballroom – Located in the lower level of the Beartooth Lodge along the banks of <strong>Rock</strong> <strong>Creek</strong>. This well-designed facility can<br />

accommodate up to 180 guests. French doors and a wall of windows open on to The Patio. The space can be divided into 2 or 3 separate<br />

areas or used as one large room.<br />

— 20 —


— 21 —


ACCOMMODATIONS & FACILITIES<br />

OLD PINEY DELL RESTAURANT AND BAR<br />

Old Piney Dell is located at the <strong>Resort</strong> in a cozy, historic log cabin with the main dining room featuring spectacular views of <strong>Rock</strong> <strong>Creek</strong>. The rustic<br />

elegance of the historic bar offers a guest retreat perfectly suited to the mountain ambiance. For decades it has been known as one of the finest<br />

restaurants in the area offering a special evening of exceptional dining, libations and live music.<br />

The Old Piney Dell evolved from a homesteader’s cabin originally built in the 1920s. In the '30s, it was used by local ethnic groups as a community<br />

and cultural center for music and dance, and was first opened as a restaurant in the early 1940s. The original cabin structure has been added to over<br />

the years. The kitchen facilities are smaller but capable of handling dinners for a high volume of guests. The facility also offers two employee housing<br />

units on site. The current Old Piney Dell Liquor and Gambling Licenses will convey with the sale.<br />

Note: Old Piney Dell is currently open for business under limited hours & menu – please inquire with the <strong>Resort</strong> for specifics.<br />

— 22 —


— 23 —


ACCOMMODATIONS & FACILITIES<br />

ADDITIONAL FACILITIES & PHYSICAL PLANT<br />

MAINTENANCE FACILITIES & PHYSICAL PLANT<br />

The main Beartooth Lodge is heated by a hot-water baseboard system located in the lower level of the Lodge. Each of the other main buildings on<br />

the <strong>Resort</strong> have their own heating system. The primary system is presently in good operating condition but will need to be verified by the purchaser<br />

via independent investigation.<br />

The <strong>Resort</strong> operation facilities include several outbuildings/areas for maintenance and storage. Several rustic cabins on the south end of the property<br />

may have potential for refurbishment or re-purposing.<br />

PARKING<br />

<strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong> has ample parking in multiple paved lots easily accessed off Highway 212.<br />

SEPTIC SYSTEM UPGRADES<br />

5"<br />

GROUND<br />

LEVEL<br />

300"<br />

8"<br />

216 1 4 "<br />

90"<br />

78"<br />

102" 48"<br />

72"<br />

SECTION B-B<br />

114"<br />

6" INVERT<br />

B<br />

B<br />

66" 72"<br />

NO. REVISION/ISSUE DATE DWN BY<br />

DRAWING TITLE<br />

DRAWN<br />

ROCK CREEK RESORT<br />

CHECKED<br />

APPROVED<br />

LIFT STATION<br />

SCALE PAGE<br />

81 GOLD MINER LN, UNIT A<br />

PROJECT NO.<br />

2022-313<br />

RKS 09/12/22<br />

1 : 50 2 OF 2<br />

THE INFORMATION CONTAINED HEREIN IS PROPRIETARY TO ADVANCED PUMP<br />

BELGRADE, MT 59714<br />

AND EQUIPMENT, INC. AND SHALL NOT BE REPRODUCED OR DISCLOSED IN<br />

(406) 586-1700<br />

WHOLE OR IN PART OR USED FOR ANY DESIGN OR MANUFACTURE EXCEPT<br />

WHEN SUCH USER POSSESSES DIRECT, WRITTEN AUTHORIZATION FROM<br />

ADVANCED PUMP AND EQUIPMENT, INC.<br />

<strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong> is excited to announce the upcoming<br />

completion of major septic system upgrades. Through<br />

collaboration with Interstate Engineering and Peak<br />

Water Systems, the existing septic lift station and<br />

force main will be upgraded in the spring of 2023 to<br />

a state-of-the art DEQ-approved system capable of<br />

servicing the <strong>Resort</strong> far into the future. This upgraded<br />

system is valued at over $860,000.00 and is slated for<br />

completion in early May 2023.<br />

The <strong>Resort</strong>’s wastewater-treatment system was fully<br />

upgraded in 2015 by Sanderson Stewart Engineering<br />

out of Billings, Montana. The system was modernized<br />

and improved via a $1.36-million project. Full system<br />

design plans available upon request.<br />

TENNIS COURTS<br />

The <strong>Resort</strong> had tennis courts on the northeast end of<br />

the property that have fallen into disrepair. Potential<br />

exists to refurbish the courts or utilize the ground for<br />

other facilities.<br />

— 24 —


UTILITIES & SERVICES<br />

The following service providers are currently utilized:<br />

Electricity Beartooth Electric Cooperative<br />

Natural Gas Northwestern Energy<br />

Television DirectTV<br />

Internet Century Link<br />

FENCES & BOUNDARY LINES<br />

The Sellers hereby make known that there may be variations between<br />

the deeded property lines and the location of the existing fence boundary<br />

lines on <strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong>. The Sellers make no warranties with regard<br />

to the location of the fence lines in relationship to the deeded property<br />

lines, nor do the Sellers make any warranties or representations with<br />

regard to specific acreage within the fenced property lines.<br />

The Sellers are selling <strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong> in its “as is-where is”<br />

condition in regard to the location of the fences as they now exist.<br />

Boundaries shown on any accompanying maps are approximate. The<br />

maps are not to scale and are for visual aid only. The accuracy of<br />

the maps and information portrayed thereon is not guaranteed nor<br />

warranted and independent investigation is highly recommended.<br />

REAL ESTATE TAXES<br />

The real estate taxes for 2021 were $84,717.32.<br />

— 25 —<br />

MINERAL RIGHTS<br />

The Sellers will convey with <strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong> 100% of whatever<br />

mineral, oil, gas, geo-thermal, hydro-carbon and gravel rights they<br />

actually own, subject to reservations by previous owners. The Sellers<br />

make no representation as to the quantity or quality of any mineral or<br />

other sub-surface rights appurtenant to the property.


RESORT & AREA RECREATION<br />

— 26 —<br />

Recreation and relaxation are at the heart of the <strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong><br />

experience and what has drawn guests to the area for decades. Guests<br />

may simply relax and enjoy the many on-property amenities - soak<br />

in the hot tub, rejuvenate in the sauna, swim laps in the heated indoor<br />

pool or enjoy a cocktail at the bar. Other resort activities include<br />

a catch & release fishing pond, fishing on <strong>Rock</strong> <strong>Creek</strong>, volleyball<br />

court, playground, a soccer field and hiking right from the <strong>Resort</strong><br />

into the adjacent National Forest via the Mt. Maurice Trailhead.<br />

Guests are just moments from the countless additional recreational<br />

opportunities that Southwest Montana is so famous for including<br />

hiking, camping, fishing, horseback riding, whitewater rafting,<br />

golfing, mountain biking and hunting. Winter activities include<br />

cross-country skiing, snowshoeing and alpine skiing at Red Lodge<br />

Mountain which offers over 2,400 feet of vertical drop on over 1,635<br />

acres with 70 runs for all skier abilities. The adventurous can also<br />

enjoy summer skiing at the Beartooth Basin Summer Ski area –<br />

incidentally also founded by the <strong>Resort</strong>’s owners.<br />

Locally, the historic town of Red Lodge offers great shopping, art<br />

galleries, a historical museum, restaurants and live music. The town<br />

is well known for its enjoyable events like the Christmas Stroll,<br />

Winter Carnival, 4 th of July Celebration, Home of Champions<br />

Rodeo, the Beartooth Rally, the Festival of Nations, Oktoberfest and<br />

seasonal farmers’ markets.<br />

Perhaps the area’s largest summer draw is the scenic Beartooth<br />

Highway on Highway 212. The road rises rapidly from the valley<br />

floor to over 10,947 feet above sea level offering stunning vistas of the<br />

surrounding Beartooth plateau and Absaorka-Beartooth Wilderness<br />

before continuing to the mountain communities of Cooke City and<br />

Silvergate. Yellowstone National Park’s northeast entrance is only<br />

64 miles from the <strong>Resort</strong>. This world-famous national treasure<br />

offers visitors incredible experiences on over 2.3 million acres of<br />

land while viewing wildlife, thermal features and the natural beauty<br />

that is the essence of the Greater Yellowstone area.


— 27 —


WATER RIGHTS<br />

According to the Montana Department of Natural Resources and Conservation’s Water Rights Division, the <strong>Resort</strong> owns the following water rights:<br />

43D 6336 00 GROUND WATER CERTIFICATE DOMESTIC<br />

43D 10211 00 STATEMENT OF CLAIM FISH AND WILDLIFE<br />

43D 10212 00 STATEMENT OF CLAIM COMMERCIAL<br />

43D 35736 00 GROUND WATER CERTIFICATE DOMESTIC<br />

43D 94346 00 GROUND WATER CERTIFICATE DOMESTIC<br />

3D 49346 00 GROUND WATER CERTIFICATE LAWN AND GARDEN<br />

All water rights in Montana are subject to eventual re-adjudication by the Montana Water Court and, as a result of that process, may be changed as<br />

to validity, amount, priority date, place of use and other such changes as the Court determines. This water district is currently under the Preliminary-<br />

Temporary Decree as classified by the Department of Natural Resources and Conservation (DNRC). The Seller has made all of the filings currently<br />

required and will transfer the water rights as they currently stand with no warranty of future viability.<br />

All water rights appurtenant to and for the benefit of the <strong>Resort</strong> will be conveyed to the Buyer at closing of a sale.<br />

— 28 —


ELEVATION & CLIMATE<br />

With the main lodge sitting at about 4,758 feet above sea level, the property is relatively flat along <strong>Rock</strong> <strong>Creek</strong> with some elevation gain as the property<br />

rises slightly to meet the USFS boundary on the east side of the property at about 4,773 feet above sea level.<br />

July and August are quite comfortable with average highs of 79 degrees Fahrenheit and evening lows around 49 degrees. Indian summer can linger<br />

until mid-October. December and January bring highs of approximately 34 degrees with lows around 14 degrees.<br />

Red Lodge averages 128 inches of snow per year with an annual average rainfall of 18 inches.<br />

— 29 —


DEVELOPMENT POTENTIAL<br />

<strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong> is an established business providing immediate cash-flow opportunity through current bookings and events. However, should the<br />

next owner desire to expand and upgrade the <strong>Resort</strong>, the possibilities are exceptional on the 38.33± deeded acres in 21 individual parcels. Several<br />

options may exist to develop the vacant lots into either additional resort accommodations, individual cabins, employee housing, or even residential<br />

housing. The future vision for the <strong>Resort</strong> could include individual guest cabins nestled in the trees, resort trails along <strong>Rock</strong> <strong>Creek</strong> leading guests to<br />

explore fire pits, cozy teepees and tranquil hideaways. Expansion of the Old Piney Dell could include outdoor creek-side seating. Possibilities are<br />

limited only by the vision of the next owner to further develop this very special property.<br />

BUSINESS DETAILS & SHOWINGS<br />

Please inquire regarding <strong>Resort</strong> business and financial details. This information is only available upon request with a signed non-disclosure agreement,<br />

and demonstration, to the satisfaction of the Seller, of absolute financial capability to purchase the <strong>Resort</strong>.<br />

Showings will be scheduled for financially pre-qualified individuals only. Please contact Listing Agent Stephen Leibinger for more information.<br />

— 30 —


RESORT HISTORY<br />

Even with a location as special as <strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong>, it<br />

often takes a visionary to imagine the true potential. The<br />

<strong>Resort</strong> was the dream of acclaimed and internationally<br />

known ski racer Pepi Gramshammer and his wife Sheika.<br />

The Austrian-born couple had a vision that combined an<br />

epic resort and vacation location with an alpine ski camp<br />

that would allow for both winter and summer race training<br />

in the Beartooth Mountains. Pepi was a celebrity in the ski<br />

industry as a Champion of the Austrian National Team, a<br />

ski instructor in Sun Valley, on the U.S. Professional Ski<br />

Tour - becoming the circuit’s top racer in 1962, and was<br />

instrumental in helping establish Vail <strong>Resort</strong> in Colorado.<br />

Sheika is the descendant of an old Austrian inn-keeping<br />

family and was a model and dancer when she and Pepi<br />

first met in Aspen, Colorado. Sparks flew, and they<br />

were engaged within a couple of weeks. After settling<br />

in Vail, in 1964, Pepi and Sheika, through hard work and<br />

determination, established the Austrian-style hotel, Gasthof<br />

Gramshammer, known worldwide as “Pepi’s”.<br />

During a visit to Montana in the 1960s, the Gramshammers fell in love with the Red Lodge area and the surrounding mountains. The unique atmosphere<br />

of Red Lodge, called to them. They loved the western experience of the town. Pepi then discovered the now famous “Headwall” on the top of the<br />

Beartooth Pass and started the Red Lodge International Ski Race Camp that allowed him to return there every year. Pepi recalled,<br />

“When I first came here forty-five years ago, I fell in love with these mountains. With the beauty of this area, it<br />

amazes me that <strong>Rock</strong> <strong>Creek</strong> remains virtually undiscovered. And I tell you, that is the most wonderful thing of all.”<br />

The vision for the <strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong> began to be realized when Pepi purchased the property along the creek. In the early 1970s, Pepi continued the<br />

development of the resort by building the Grizzly Condos to house the ski racers. Over the following two decades he added the <strong>Rock</strong> <strong>Creek</strong> Town<br />

Homes, Stoney Cabin, the Beartooth Lodge and finally the log building Twin Elk. The <strong>Resort</strong> continues to be known across the region as having<br />

comfortable accommodations in a five-star setting. Sadly, Pepi passed away August 17, 2019 at the age of 87. Sheika continues as the proud owner<br />

of the <strong>Resort</strong> and is actively engaged in the management and success of the property she still loves. However, she says it is now time for another<br />

passionate owner to continue the legacy of the <strong>Resort</strong> that started as only a vision in the majesty of the Montana mountains.<br />

“For both Pepi and I, an American dream came true.”<br />

Sheika Gramshammer<br />

— 31 —


BROKER SUMMARY STATEMENT<br />

<strong>Resort</strong>s are often located in the world’s most beautiful settings and <strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong>’s location along the banks of <strong>Rock</strong> <strong>Creek</strong> captures the essence<br />

of what a mountain resort locale should encompass. When the <strong>Resort</strong> was first only a dream of the Gramshammer family, they chose a location that<br />

would fill the senses with the natural beauty of the Beartooth mountains. Seldom do established resort properties become available for sale – even<br />

more rare is the combination of a cascading creek, National Forest boundary, proximity to a gateway to Yellowstone National Park, summer and winter<br />

guest traffic, excellent existing facilities and an established historic restaurant. The <strong>Resort</strong> is further enhanced by the amount of deeded acreage and<br />

possibilities for future expansion and development of this amazing property. <strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong> affords the next fortunate owner all the necessary<br />

attributes to provide guests with a premium resort experience in one of the most beautiful settings in Montana all while continuing the legacy that began<br />

with the first resort vision so many years ago.<br />

— 32 —


OFFERING PRICE & CONDITIONS OF SALE<br />

<strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong>, as previously described herein, is offered at US $9,350,000.00 Cash or Terms acceptable solely at the discretion of the<br />

Seller. The conditions of sale as of March 2023 are as follows:<br />

1. All Prospective Buyers must demonstrate, to the satisfaction of the Seller, absolute financial capability to purchase the <strong>Resort</strong> prior to<br />

scheduling an inspection of the <strong>Resort</strong>;<br />

2. Earnest money deposit will be due upon completion of a fully executed contract, and all earnest money deposits will be held in escrow<br />

by First American Title Company in Red Lodge;<br />

3. The Sellers will provide and pay for a standard owner’s title insurance policy. Any endorsements requested by the Buyer or any<br />

lender will be at Buyer’s expense. Title to the real property will be conveyed by a warranty deed;<br />

4. All of the water right claims controlled by the <strong>Resort</strong> will be transferred to the Buyer at Closing, and all of the mineral rights which<br />

the Sellers actually own will be conveyed to the Buyer at Closing;<br />

5. Buyers’ Brokers are welcomed and invited to contact listing agent Steve Leibinger in our Bozeman Office for information regarding<br />

Cooperation Policies.<br />

The Seller reserves the right to effect a tax-deferred exchange for other real property in accordance with provisions in Section 1031 of the<br />

Internal Revenue Code. The Buyer will not be required to incur any additional expenses nor to step into the chain of title on any property<br />

which the Sellers may acquire.<br />

This entire <strong>Offering</strong> is subject to errors, omissions, prior sale, change or withdrawal without notice and approval of purchase by the Seller.<br />

Information regarding land classifications, acreages, potential profits, etc., are intended only as general guidelines and have been obtained<br />

from sources deemed reliable; however, accuracy is not warranted or guaranteed by the Seller or Swan Land Company. Prospective Buyers<br />

should verify all information to their sole and complete satisfaction.<br />

— 33 —


Swan Land Company has been authorized by the Seller to act as their Exclusive Real Estate Broker on the<br />

sale of <strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong>. Since 2002, we have focused on the brokerage of significant ranches, farms and<br />

recreational properties throughout the <strong>Rock</strong>y Mountain West.<br />

This <strong>Offering</strong> is based on information believed to be correct; however, it is subject to errors, omissions, prior<br />

sale and change or withdrawal without notice. Information contained herein has been provided by the Seller<br />

or obtained from other sources deemed reliable. The Agent does not, however, guarantee accuracy and<br />

recommends that any Prospective Buyer conduct an independent investigation.<br />

For more information or to make an appointment to inspect the <strong>Resort</strong>, please call:<br />

Swan Land Company<br />

1185 North 14th Avenue – Suite One<br />

Bozeman, Montana 59715<br />

Office 406.522.7342<br />

Toll Free 866.999.7342<br />

www.swanlandco.com<br />

Stephen Leibinger<br />

Sales Associate<br />

Mobile 406.451.1188<br />

steve@swanlandco.com<br />

A 48-hour notice is requested to make proper arrangements for an inspection of <strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong>.<br />

— 34 —


ROCK CREEK RESORT


eek <strong>Resort</strong> Red Lodge<br />

, AC +/-<br />

Red Lodge Mountain<br />

Red Lodge<br />

<strong>Rock</strong> <strong>Creek</strong> <strong>Resort</strong>


Genuine. Devoted. Proven.<br />

866.999.7342 | WWW.SWANLANDCO.COM | INFO@SWANLANDCO.COM

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