2324 2Nd AveWilliston, ND 58801

Property Details for 2324 2Nd Ave

Year built

1978

Lot size

1.17 AC

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

This fee-simple, 82-key Super 8 by Wyndham hotel in Williston, North Dakota, presents a compelling investment opportunity. Built in 1978, this three-story, interior-corridor property sits on a 1.17-acre lot at 2324 2nd Ave W, 58801. The hotel boasts an indoor pool, hot tub, on-site laundry, and ample parking, catering to diverse travelers. Its prime location near Route 2/85 benefits from the robust economy driven by the Bakken shale formation and significant energy sector employers including Halliburton, Calfrac Well Services, and Kinder Morgan, all within a reasonable distance. Williston State College and the recently opened Williston Basin International Airport further enhance the area's appeal and contribute to consistent occupancy. The property offers a pro-forma NOI of $390,923 and a pro-forma cap rate of 14.48%, with an asking price of $2,700,000 ($32,927 per key). The hotel is unencumbered by management contracts or existing debt, providing a clean and attractive investment profile for qualified buyers. This presents a strong opportunity to capitalize on the thriving Williston market and its diverse economic drivers. The property's amenities and strategic location position it to continue attracting business and leisure travelers alike. The sale is a fee-simple ownership transfer.

Location Insight

City

Williston

County

Williams

State

North Dakota

Latitude

48.167

Longitude

-103.626

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].