Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Budget Host 4 U Motel 704 Highway 12 W 40 Room Hotel Bowman, ND 58623 $550,000 ($13,750/Room)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Great Owner/Operator property with full house attached with deck and back yard
  • Turn key business for an owner/operator or investor
  • Motel is in good condition

EXECUTIVE SUMMARY

Established motel on high traffic US HWY 12. This Budget Host motel has 1.14 acres, three buildings with 40 total rooms, 13 singles, 24 doubles and 3 apartments for long term stays. Motel rooms are functional and have been kept up. The rooms are all single level, drive up to the door units. Manager house attached to the reception/front desk area. Main level has one bedroom, full bath, kitchen and living room. The motel laundry area is off the living quarters. Living area has a full basement with 3 non conforming bedrooms, full bathroom and utility room. Current owners have owned and managed the motel for 25 years.
The 2025 year is shaping up to be the best in years. A large wind farm project and increased oil and gas activity has dramatically increased the long term stay reservations.

PROPERTY FACTS

Price $550,000
Price Per Room $13,750
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.14 AC
Building Size 13,245 SF
No. Rooms 40
No. Stories 1
Year Built 1962
Parking Ratio 2.64/1,000 SF
Corridor Exterior
Zoning Commercial

AMENITIES

  • Wheelchair Accessible
  • Smoke-Free
  • Smoke Detector

ABOUT 704 HIGHWAY 12 W , BOWMAN, ND 58623

Single level 40 room motel with manager home. Located in SW North Dakota at the Intersection of Hwy 12 and Hwy 85, Bowman is the county seat and the center economic activity in SW North Dakota. Agriculture and energy production are the main business interests in the area. Bowman has all the services needed for rural living. Excellent hunting, fishing and recreation opportunities are available.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 40 $54.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-000-906566-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$290,020
  • Listing ID: 32287438

  • Date on Market: 11/11/2021

  • Last Updated:

  • Address: 704 Highway 12 W, Bowman, ND 58623

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}