105 Centennial Dr - Hospitality FOR SALE


Livingston, MT 59047
$3,500,000 USD
952-852-9769
105 Centennial Dr, Livingston, MT for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/28
null | 14.31% Cap Rate

105 Centennial Dr
Livingston, MT 59047


HIGHLIGHTS

  • ABSENTEE OWNED
  • ABOVE MARKET MARGINS DRIVEN BY STRONG ADR
  • NO STATE SALES TAX
  • AVAILABLE AS PORTFOLIO SALE OR SEPERATE (TRAVELODGE & SUPER 8)

OVERVIEW

Marcus & Millichap is pleased to present a unique opportunity to acquire the fee simple interest in two adjacent hotel properties in Livingston, Montana: the 37-room Super 8 by Wyndham and the44-room Travelodge by Wyndham. Offers will be considered for individual assets or both properties together. The hotels sit on separate parcels, offering investors operational flexibility and the potential for future repositioning or redevelopment. Zoning allows for multiple uses, a rare opportunity in this highly constrained and high-demand market. The Super 8 and Travelodge in Livingston, MT, are strategically located near Yellowstone National Park, the world's first national park, established in 1872. As one of the most visited national parks in the United States, Yellowstone attracts millions of visitors annually. Positioned along I-90, these properties benefit from strong year-round travel demand driven by tourism, outdoor recreation, and regional business activity. Livingston serves as a key gateway to Yellowstone’s northern entrance, making it a prime stop for travelers seeking lodging before entering the park. Additionally, the area’s vibrant arts scene, renowned fly-fishing opportunities, and historic downtown further enhance the appeal of these well-positioned assets.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$225 USD /SF

# OF ROOMS

37

PRICE/ROOM

$94,595 {currency}

CAP RATE

14.31%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 Livingston

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

COMM

APN/PARCEL ID

49-0802-23-4-05-04-0000

ASK ABOUT THIS PROPERTY

Joseph FergusonMarcus & MillichapMore Info
952-852-9769

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Joseph FergusonMarcus & MillichapMore Info
952-852-9769

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.