Motel 6 North and South Billings

5353 Midland Road, Billings, MT

$9,500,000

Price

3 sqft

Building Size

 
Overview
Building Size
3 sqft
Description

The Bowman Post Group of NewGen Advisory is pleased to present for sale a portfolio of Motel 6 properties located in close proximity in Billings, Montana. Motel 6 North & South Billings are located right along Interstate 90. A new owner could stand to make operational improvements with shared labor among the two properties.

Billings, Montana boasts a diverse and resilient economy anchored by sectors like energy, healthcare, agriculture, and tourism. The city's strategic location as a transportation hub and gateway to Yellowstone National Park ensures a steady stream of visitors year-round. Investing in a hotel here presents a lucrative opportunity, as the growing tourism industry, coupled with a strong local economy, promises a consistent flow of business and leisure travelers seeking comfortable accommodations.


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Highlights
  • 2 - 2 Story buildings, 1 interior, 1 exterior
  • Total of 215 units
  • Total Trailing Twelve Month Revenue through June 2023: $3,580,438
  • Total 2022 Revenue: $3,547,270
  • Offered at 2.65x Total TTM June 2023 Room Revenue
  • Priced at $44,186/key
Location