This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Hospitality Property is no longer advertised on LoopNet.com.

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
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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38-4529-01-3-01-01-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$479,007

zoning

Zoning Code 6
6
  • Listing ID: 18288173

  • Date on Market: 1/24/2020

  • Last Updated:

  • Address: 609 W Main St, Cut Bank, MT 59427

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}