This Hotel & Motel Property is Off-Market.

800 East Broadway
Missoula, MT 59802 ·

41 Rooms · Hotel & Motel For Sale

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PONDEROSA LODGE

Price N/A Property Use Type Investment
No. Rooms 41 Cap Rate 10%
Building Size 16,000 SF Corridor Interior
Property Type Hotel & Motel Lot Size 35,638 SF
Property Sub-type Economy/Limited Service
Listing ID: 17255942 Date Created: 07/21/2011 Last Updated: 11/25/2011

Description

41 Rooms in Two two-story Buildings
18 Double Queens, 12 Single Queens, 2 Kings, 2 Jacuzzi Suites, 7 Kitchenettes
All Tub & Shower, Coffee Service, Amenities, Microwaves & Refrigerators
Six Smoking Rooms Only. 1984 Masonry & Wood Frame Construction, Good Overall Condition. Newly remodeled Blue Pine Lobby / Guest Breakfast Room
Land is 35,638 sq. ft. = .81 Acres 44 Parking Spaces

Spacious Three Bedroom (1,380 sq. ft.) Manager' s or Owner' s Apartment

Full Laundry / Linens Owned / Newer Wascomat Washer and Dryers
City Water & Sewer / Cable TV with Premium Movie Channels
Ice Machine (owned) / Candy Machine & Two Soda Machines (vendor owned)

Purchased 2004 Owner Retiring


Annual Income is very consistent
2009 = $403,556 & 2010 = $407,394
Annual Net Operating Income approximately $125,000

Additional Land Available

At VanBuren Freeway I-90 Interchange on West Broadway
directly across the Clark Fork River from the University of Montana Campus

Research

800 East Broadway, Missoula, MT 59802 (Missoula County)

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