3311 2nd Ave N
Billings, MT 59101
Western Inn · Hospitality Property For Sale · 15,554 SF

The Western Inn in Billings, MT is a 40 unit, interior and exterior corridor family-owned and operated hotel in downtown Billings. Located just north of Interstate 94 in central Montana, the hotel is well situated in one of the fastest growing cities in the region and the largest city in Montana. The hotel is highly profitable and fully renovated, offering airport shuttle to Billings Logan International Airport with free trip parking. There is $24,000 of income for rental parking space to the Airport. The Owner has put in over $960,000 into the hotel since 2011, including a brand new roof with 30 year warranty, new carpet, energy saving windows, manager's apartment remodel, new signage, replaced old sewer lines and drainage system in parking lot, exterior and interior painting, roofing upgrades, and other extensive work. There are 10 exterior-only rooms, 3 exterior and interior entry rooms, 7 private balcony interior rooms, and 18 interior only rooms. Business generators include oil refineries, AT&T workers, tourism for national parks and via the international airport, MetraPark Events including concerts, rodeos, and fairs, as well as medical stays from nearby hospitals. There are plans for more businesses entering downtown soon with the Big Sky One Plaza Convention Center opening within 3 blocks of the Western Inn. Close to restaurants, downtown attractions and shopping, the Western Inn is an excellent opportunity for an owner operator. It includes manager's quarters perfect for an owner operator, and is highly profitable with a Net Income of $250,000 which is a cap rate of 15.7%. In cooperation with 1st Realty - Big Sky Bid RE (MT Lic # 11467)