THREE FORKS, Mont., Feb. 20, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of the Sacajawea Hotel, a historic 36-room hotel property located in Three Forks, Montana.
“The Sacajawea Hotel is a unique asset with a significant food-and-beverage component, including the Sacajawea Bar and Pompey’s Grill, one of the premier steakhouses in the area, along with a well-established wedding and events venue” said Huberth Marak, director investments. “Having worked with the seller for a number of years, we were able to strategically position the property and identify the right buyer. The buyer had recently sold another Montana asset through our team and was completing a 1031 exchange, making this an ideal opportunity to reinvest in a distinctive hospitality property.”
Marak, investment specialist in Marcus & Millichap’s Denver office, in association with Adam Christofferson, Marcus & Millichap’s Montana broker of record, marketed the property on behalf of the seller and procured the buyer. The transaction received additional support from Skyler Cooper, Chris Gomes and Allan Miller of the Miller-Gomes Hotel Team.
Located at 5 N. Main St. on 0.66 acres in downtown Three Forks, the Sacajawea Hotel was originally built in 1910 and fully refurbished in 2010. Situated in the heart of Yellowstone Country, the property features two full-service bars, meeting space, wedding venues and Pompey’s Grill steakhouse, serving as a destination for history enthusiasts, outdoor adventurers and travelers.
# # #
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion in 2024. The company had 1,712 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.
