810 3rd Ave sw - Hospitality FOR SALE
Watford City, ND 58854 |
$2,650,000 USD
810 3rd Ave sw
Watford City, ND 58854
HIGHLIGHTS
- Modern, Well-Maintained Facility: Contemporary 77-room hotel featuring upscale amenities
- Proximity to Major Oil Field Markets: Strategically located in Watford City, ND, with direct access to regional energy hubs
- Underutilized On-Site Bar: Includes a built-out bar space that is currently inactive, offering immediate value-add potential
- Branding Expansion Opportunity: Potential to add a large number of major hotel brands, creating flexibility for repositioning
- Compelling Value Opportunity: Represents a strong investment based on current income generation and quality of construction
FOR SALE DETAILS
PRICE
$2,650,000 USD
PRICE/SF
$64 USD /SF
# OF ROOMS
77
PRICE/ROOM
$34,416 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Watford Hotel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2012
PARKING SPACES
108
LAND DETAILS
LAND ACRES
2.94 AC
LAND SF
128,066 SF
ZONING
H-1
APN/PARCEL ID
82-46-00150
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