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251 W Holly St
Sidney, MT 59270
Holiday Inn Express & Suites Sidney · Hospitality Property For Sale
·
47,292 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2012 |
| Building Class | B | Parking Ratio | 1.61/1,000 SF |
| Lot Size | 1.98 AC | Corridor | Interior |
| Building Size | 47,292 SF | ||
| Zoning | B-1 - Community Highway Business | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.98 AC |
| Building Size | 47,292 SF |
| No. Stories | 4 |
| Year Built | 2012 |
| Parking Ratio | 1.61/1,000 SF |
| Corridor | Interior |
| Zoning | B-1 - Community Highway Business |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ABOUT 251 W HOLLY ST , SIDNEY, MT 59270
HREC Investment Advisors (“HREC IA”), is pleased to introduce the opportunity to acquire the fee-simple interest in the 75-guestroom Holiday Inn Express and Suites Sidney (the “Hotel”), located in Sidney, MT. The Holiday Inn Express and Suites Sidney benefits from an exceptional location along Route 16 (Lewis and Clark Trail). Sidney is perfectly positioned being almost equidistant to Glendive, Montana, and Williston, North Dakota; Glendive is an agricultural and ranching hub in eastern Montana, while Williston is home to the Williston Basin, known for its rich deposits of petroleum and coal. The Property is located proximate to the Bakken formation, predicted to be producing more oil than any other site in the United States, surpassing even Alaska’s Prudhoe Bay, the longtime leader in domestic. The Hotel is also proximate to the Oasis Wild Basin, in Watford City, North Dakota, which began operating their new $150 million natural gas processing plant in November, 2018. Additionally, the Hotel is only 1.2 miles from Sidney Sugar Incorporated, the largest employer in Sidney. Over the past three November trailing-twelve-month periods, the hotel has consistently ranked one or two out of six in RevPAR and has achieved RevPAR penetration of 169.2, 154.7, and 157.1 on a November 2016, 2017, and 2018 TTM basis, respectively.
PROPERTY TAXES
| Parcel Number | 27344428302020000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,888,100 |
PROPERTY TAXES
