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Quality Inn Havre 601 W 1st St 100 Room Hotel Havre, MT 59501 $5,400,000 ($54,000/Room)
Executive Summary
Property Highlights
-Fee simple interest in the 100 key Quality Inn Havre MT
-Main hotel building contains 70 rooms with the Annex building containing 30 rooms as well as a 2,000 SF, 3 bedroom, 2 bath guest house complete with kitchen and fireplace
-Also included is the 1,080 square foot commercial building
-Offered at a significant discount to replacement cost
-Available unencumbered of debt and management
-Opportunity to enhance performance and further penetrate the comp set through targeted operational and capital improvements
Location
-Located just 12 blocks from Montana State University Northern
-Convenient location off US Hwy 2 which stretches across the entire Northern half of Montana from Idaho to North Dakota
-Easy access to all local sites, activities and attractions including the Holiday Village Mall, Fort Assinniboine, The Atrium, Bear Paw Mountains and Badlands along the Milk River
-Just 3 hours from Glacier National Park
-Fee simple interest in the 100 key Quality Inn Havre MT
-Main hotel building contains 70 rooms with the Annex building containing 30 rooms as well as a 2,000 SF, 3 bedroom, 2 bath guest house complete with kitchen and fireplace
-Also included is the 1,080 square foot commercial building
-Offered at a significant discount to replacement cost
-Available unencumbered of debt and management
-Opportunity to enhance performance and further penetrate the comp set through targeted operational and capital improvements
Location
-Located just 12 blocks from Montana State University Northern
-Convenient location off US Hwy 2 which stretches across the entire Northern half of Montana from Idaho to North Dakota
-Easy access to all local sites, activities and attractions including the Holiday Village Mall, Fort Assinniboine, The Atrium, Bear Paw Mountains and Badlands along the Milk River
-Just 3 hours from Glacier National Park
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Third Party Reports
Property Facts
| Price | $5,400,000 | Building Size | 46,985 SF |
| Price Per Room | $54,000 | No. Rooms | 100 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1963/2000 |
| Property Subtype | Hotel | Parking Ratio | 2.17/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 2.50 AC | ||
| Zoning | 6 - Commercial | ||
| Price | $5,400,000 |
| Price Per Room | $54,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.50 AC |
| Building Size | 46,985 SF |
| No. Rooms | 100 |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2000 |
| Parking Ratio | 2.17/1,000 SF |
| Corridor | Exterior |
| Zoning | 6 - Commercial |
Amenities
- Business Center
- Indoor Pool
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $249.00 | - |
| Guest Room | 96 | $126.00 | - |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 12-4441-06-3-02-15-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,758,000 |
Property Taxes
Parcel Number
12-4441-06-3-02-15-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,758,000
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