601 W 1st St - Hospitality FOR SALE


Havre, MT 59501
$5,400,000 USD
406-478-3010
601 W 1st St, Havre, MT for Sale
$5,400,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

601 W 1st St
Havre, MT 59501


OVERVIEW

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

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$115 USD /SF

# OF ROOMS

100

PRICE/ROOM

$54,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn Havre

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1963

PARKING SPACES

102

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

6

APN/PARCEL ID

12-4441-06-3-02-15-0000

ASK ABOUT THIS PROPERTY

Suzanna Farley AldrichParamount Lodging AdvisorsMore Info
406-478-3010

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Suzanna Farley AldrichParamount Lodging AdvisorsMore Info
406-478-3010

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