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- LoopNet Team
609 W Main St
Cut Bank, MT 59427
Super 8 Cut Bank · Hospitality Property For Sale · 26,576 SF
Investment Highlights
- Ideal for Owner Operator or Local Management
- Located One Hour From Glacier National Park
- 9% Increase in Room Revenue from 2017 to 2018
- #1 Hotel in Cut Bank per TripAdvisor
- Priced below a 3x Room Revenue Multiplier
- 27% Levered 5 Year IRR
PROPERTY FACTS
Property Type | Hospitality | Building Size | 26,576 SF |
Property Subtype | Hotel | No. Stories | 2 |
Building Class | C | Year Built | 1980 |
Lot Size | 1.64 AC | Corridor | Interior |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.64 AC |
Building Size | 26,576 SF |
No. Stories | 2 |
Year Built | 1980 |
Corridor | Interior |
Amenities
- Fitness Center
- Pool
- Shuttle Service
About 609 W Main St , Cut Bank, MT 59427
The Super 8 Cut Bank Montana is a 61 unit, two-story, interior corridor, economy scale hotel built in 1978. Ideal for an owner operator or local management, this hotel performs well and is ranked as the #1 Hotel in Cut Bank, Montana. Located just one hour east of Glacier National Park, this hotel is ideally situated to accommodate local, transient highway travel, and destination guests heading to the 1,000,000+ acre national park. Currently priced below replacement costs and increasing in revenue, this investment property represents the opportunity to acquire a high-performing asset in a highly desirable market with over a 27% levered 5 year Internal rate of return. The current hotel ownership has maintained the property’s condition and performance well, however, there is significant room to increase revenue and decrease expenses with experienced on-site management.
Links
PROPERTY TAXES
Parcel Number | 38-4529-01-3-01-01-0000 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $479,007 |
PROPERTY TAXES
zoning
Zoning Code | 6 |
6 |
Learn More About Investing in Hospitality Properties
Listing ID: 18288173
Date on Market: 1/24/2020
Last Updated:
Address: 609 W Main St, Cut Bank, MT 59427