For Sale
$8,200,000
4770 King Ave Billings, MT 59101
High-growth Montana hotel, strong ROI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- I-90 frontage in Billings, MT, a major Montana trade and distribution hub.
- 77.6% RevPAR index indicates significant upside potential.
- Projected stabilized GRR of $1,911,866 and NOI of $972,203 (92% RevPAR).
- Located in Montana's largest city (pop. 117,116), offering diverse market opportunities.
- Rich history and strong local identity in Billings, MT.
- Opportunities to improve operational efficiency and profitability.
Property Details for 4770 King Ave
- Property type
- Hospitality properties, Hotels
- Square Feet
- 19,768 SF
- Year Built
- 2014
- Buildings
- 1
- Stories
- 3
- Lot Size (sq. ft)
- 68,389 SF
Location Insight
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Latitude
- 45.7542334
- Longitude
- -108.53377
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - High-growth Montana hotel, strong ROI.
- Where is the hospitality property located?
- The property is located at 4770 King Ave Billings, MT.
- What is the asking price?
- The asking price for this property is $8,200,000.
- What are key features of this property?
- This property features: I-90 frontage in Billings, MT, a major Montana trade and distribution hub.; 77.6% RevPAR index indicates significant upside potential.; Projected stabilized GRR of $1,911,866 and NOI of $972,203 (92% RevPAR).
- How can I contact the broker?
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