3-Hotel Package - Sidney, MT
About This Property
- Call for Offers - Submit Offer by March 24, 2023
- Priced at 2.0X Revenue
- 3-Hotel Package Includes:
- Best Western Golden Prairie Inn & Suites: 4-Stories, 72 units, interior corridors
- Richland Inn & Suites: 2-Stories, 86 units, interior corridors
- Lone Tree Inn: 2-Stories, 44 units, interior corridors
- Current Combined Revenue $1.4M+, Historical Combined Revenue $6M+
- Opportunity to Acquire 3 Hotels at a Significant Discount to Historical Performance with Sizeable Upside Opportunity if Demand in the Area Recovers
- Best Western Golden Prairie Inn Scored an "Outstanding (980/1000)" on its Latest QA Inspection and Qualifies for Best Western Auto-Transfer Saving Substantial Cost to New Ownership
- The Hotels are Conveniently Located Close to Each Other Providing Opportunity for Efficient Management
- Package Also Includes 1.09 (+/-) AC Vacant Lot
Package Sale: This is a rare opportunity to purchase three interior corridor hotels with a total of 203 units, as well as a vacant 1.09 (+/-) AC lot.
Built in 2011, the Best Western Golden Prairie Inn & Suites is a 72 unit, interior corridor hotel in Sidney, MT. It's located on Montana Highway 16 with excellent visibility and easy access. The hotel has an indoor pool and spa, fitness center, guest laundry, elevator access, and comfortable guestrooms with high ceilings, flat screen TVs, microwaves, and refrigerators.
The Lone Tree Inn is adjacent to the Best Western with 44 units and interior corridors. The hotel has a comfortable breakfast area and guest rooms with flat screen TVs, microwaves, and refrigerators.
The Richland Inn & Suites has 86 units with elevator access, and it is located less than a quarter mile down Montana Highway 16 from the Best Western and Lone Tree Inn. It also has interior corridors and excellent visibility from both directions of highway traffic. Like the Best Western, it has a fitness center and breakfast area for guests, as well as comfortable guestrooms with flat screen TVs, microwaves, and refrigerators.
This agreement (“Agreement”) is between Amber Hotel Company (“Amber”) and the undersigned party (“Buyer”) who is interested in buying investment real estate.
The investment real estate is exclusively listed for sale with Amber. Amber shall provide Buyer with related confidential information, subject to the terms and conditions of this Agreement.
By checking the below box and viewing this property, you agree that:
- The related confidential information is provided for the sole purpose of having a Buyer evaluate the purchase of the property for itself or its affiliates. Buyer and its affiliates shall keep the related information confidential, and not reproduce, distribute or disclose such information to third parties, except to the extent third party consultants, lenders, or other agents of Buyer are required, in which case such third parties will be held to the same confidentiality standards as Buyer. Amber shall not be responsible for the accuracy or completeness of the information provided, or for any loss or expense, whether direct or indirect, arising from Buyer’s or Buyer’s affiliate’s use and reliance on the information.
- The undersigned principal or any company or entity in which the undersigned principal has controlling interest, including real estate brokerage companies, shall not be paid any form of commission or fee by the owner of the property for the purchase of the property.
- All offers and purchase agreements for the property from Buyer or its affiliates shall be submitted through Amber. Buyer shall not contact the owner of the property directly or act either directly, indirectly, through any third parties including affiliates, clients or other brokers to circumvent the purpose of this Agreement. Amber may solicit, represent and accept offers for the property from other potential buyers without obligation to this Buyer. Buyer acknowledges that real estate brokers are not qualified as experts for legal, financial, accounting, environmental, construction, soils, geological or engineering advice.
This property information, market information, and other information on this page as well as any related documents have been provided by the seller or other outside sources. Interested parties are highly encouraged to verify the information independently. Amber has not independently verified any information.