Associated Press
BOZEMAN, Mont. - The president and CEO of a Bozeman adventure company called Off the Beaten Path said an investment group he leads has agreed to buy the old National Guard Armory in Bozeman and turn it into a hotel with up to 80 rooms.
Cory Lawrence told the Bozeman Daily Chronicle that Kelryco Inc. investment group has a buy-sell agreement to purchase the armory from First Interstate Bank in Bozeman for less than $1 million.
Lawrence said plans are preliminary, with an estimated cost of up to $10 million. The building dates from about World War II and has a 1920s art-deco style.