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Ramada by Wyndham Bismarck 1400 Interchange Ave 141 Room Hotel Bismarck, ND 58501 $5,500,000 ($39,007/Room)
INVESTMENT HIGHLIGHTS
- Ideal Property for Opportunistic Owner Operator
- Bismarck is the Capital of North Dakota and the Second Most Populous City in the State
- Bismarck Acts as the Medical Hub of North Dakota, with Two Major Hospitals Totaling over 500 Beds
- Priced Well Below Replacement Cost
- Bismarck is Home to Two Universities and a College: Bismarck State College, North Dakota University, and University of Mary
EXECUTIVE SUMMARY
Mountain West Commercial is pleased to present the leasehold interest in the Ramada by Wyndham in Bismarck, North Dakota. This well-maintained property features 141 guest rooms across two interior corridors and is situated on a spacious 6.04-acre parcel.
Conveniently located just off Exit 159 at the intersection of Interstate 94 and State Highway 83 in central Bismarck, the hotel offers excellent accessibility and visibility.
The Ramada Bismarck provides over 10,000 square feet of flexible meeting space, ideal for hosting events, weddings, and business gatherings, making it a valuable asset for both business and leisure travel markets. Additionally, the property features the 701 @ Ramada restaurant, which offers guests a delightful breakfast experience and a relaxed, casual dining atmosphere.
Conveniently located just off Exit 159 at the intersection of Interstate 94 and State Highway 83 in central Bismarck, the hotel offers excellent accessibility and visibility.
The Ramada Bismarck provides over 10,000 square feet of flexible meeting space, ideal for hosting events, weddings, and business gatherings, making it a valuable asset for both business and leisure travel markets. Additionally, the property features the 701 @ Ramada restaurant, which offers guests a delightful breakfast experience and a relaxed, casual dining atmosphere.
PROPERTY FACTS
| Price | $5,500,000 | Lot Size | 6.02 AC |
| Price Per Room | $39,007 | Building Size | 97,504 SF |
| Sale Type | Investment | No. Rooms | 141 |
| Sale Condition | Ground Lease (Leasehold) | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1975/2023 |
| Property Subtype | Hotel | Parking Ratio | 2.53/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | CG - Commercial | ||
| Price | $5,500,000 |
| Price Per Room | $39,007 |
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leasehold) |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 6.02 AC |
| Building Size | 97,504 SF |
| No. Rooms | 141 |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2023 |
| Parking Ratio | 2.53/1,000 SF |
| Corridor | Interior |
| Zoning | CG - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 141 | $122.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 0322-001-005 | Improvements Assessment | $1,388,900 |
| Land Assessment | $1,239,000 | Total Assessment | $2,627,900 |
PROPERTY TAXES
Parcel Number
0322-001-005
Land Assessment
$1,239,000
Improvements Assessment
$1,388,900
Total Assessment
$2,627,900
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Ramada by Wyndham Bismarck | 1400 Interchange Ave
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