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Multyfarnham is a town located in County Westmeath about 5 km (3 miles) north of Lough Owel, and is adjacent to the monastery.
The modern Franciscan college is on the site of an early monastic foundation, and the tower of the adjoining church probably dates from the sixteenth century, and has recently been extensively restored. On the lawns around the church and college are elaborate life size Stations of the Cross, one of the finest outdoor shrines in Ireland. There are horse-riding facilities available.
Picturesque, the town has easy access to the shores of Lough Derravaragh, and the associated resources, such as, hill walking, boating, and fishing, with authorised permits.