1500 S Central Ave - Hospitality FOR SALE
Sidney, MT 59270 |
$1,750,000 USD
1500 S Central Ave
Sidney, MT 59270
HIGHLIGHTS
- Built in 2012, the property is a relatively newer hospitality asset with minimal anticipated near-term capital requirements
- The hotel has demonstrated strong recent operating momentum, with significant revenue growth over the past two years
- Efficient limited-service operating model supports a lower expense structure relative to full-service alternatives, enhancing cash flow durability
- Located along Sidney’s primary commercial corridor, the property benefits from strong visibility
- Local lodging demand is supported by established oil and gas activity tied to the Williston Basin, as well as recurring regional business travel
- The offering presents continued upside through additional ADR and occupancy growth as the market continues to stabilize and normalize
FOR SALE DETAILS
PRICE
$1,750,000 USD
PRICE/SF
$47 USD /SF
# OF ROOMS
76
PRICE/ROOM
$23,026 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Microtel Inn & Suites By Wyndham
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
2012
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.92 AC
LAND SF
83,461 SF
ZONING
-
APN/PARCEL ID
27332505103110000
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