Rodeway Inn Billings Logan Intl Airport Near 1315 N 27th St 45 Room Hotel Billings, MT 59101 $3,189,640 CAD ($70,881 CAD/Room)
INVESTMENT HIGHLIGHTS
- Great Location
- Updated FF&E and Exterior
- Manager's Quarters
EXECUTIVE SUMMARY
Turnkey 45-room hotel for sale in Billings, Montana! The Rodeway Inn Billings is a newly updated property located in a high-demand area near Billings Logan International Airport and St. Vincent Hospital.
Property Highlights:
•45 Guest Rooms – Comfortable, well-maintained, and recently updated.
•Prime Location – Just minutes from Billings Logan International Airport, St. Vincent Healthcare, and downtown Billings.
•Recent Renovations – Flooring, Walls, New bed bases, bed, curtains, update FF&E, New roof, exterior updated, painted
•Strong Business Potential – Ideal for business travelers, hospital visitors, and tourists.
•Manager’s Quarters
Comments on financials: 2022 & 2023 were bolstered by Montana Emergency Rental Assistance. Room Revenue has normalized in 2024.
This is a fantastic opportunity for investors looking to acquire a profitable, well-positioned hotel in Montana’s largest city.
Property Highlights:
•45 Guest Rooms – Comfortable, well-maintained, and recently updated.
•Prime Location – Just minutes from Billings Logan International Airport, St. Vincent Healthcare, and downtown Billings.
•Recent Renovations – Flooring, Walls, New bed bases, bed, curtains, update FF&E, New roof, exterior updated, painted
•Strong Business Potential – Ideal for business travelers, hospital visitors, and tourists.
•Manager’s Quarters
Comments on financials: 2022 & 2023 were bolstered by Montana Emergency Rental Assistance. Room Revenue has normalized in 2024.
This is a fantastic opportunity for investors looking to acquire a profitable, well-positioned hotel in Montana’s largest city.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $3,189,640 CAD |
| Price Per Room | $70,881 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 19,867 SF |
| No. Rooms | 45 |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2024 |
| Parking Ratio | 0.91/1,000 SF |
| Corridor | Exterior |
AMENITIES
- Business Center
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 6 | $177.51 CAD | - |
| Guest Room | 39 | $137.29 CAD | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,314,066 CAD | |
| Land Assessment | $1,668,574 CAD | Total Assessment | $2,982,640 CAD |
ZONING
| Zoning Code | CC |
