Super 8 Motel


Price:
  $2,650,000   
$2,300,000

Address :
1901 US-2
Havre, MT 59501


  •  Well established and well maintained property.
  •  Property passed last QA inspection with a score of 96.02%.
  •  Dominant economy brand hotel in Havre.
  •  Current absentee ownership allows owner/operator to increase bottom line.
  •  Long-term staff.
  •  Multiple revenue sources from tourism, railroad and local economy.
    View Map    View Aerial
  •  Havre serves as the economic, educational, and cultural center for a five-county trade region.
  •  Overnight stop for visitors to/from Glacier National Park
  •  Close to Regional Demand Generators, Including...
    •  0.2 Miles to Holiday Village Mall & H. Earl Clack Museum
    •  1.4 Miles to Burlington Northern Santa Fe Railway Co.
    •  2.5 Miles to Northern Montana Health Care
    •  2.5 Miles to Montana State University - Northern
    •  3.9 Miles to Slowpitch Complex
    •  19.5 Miles to Beaver Creek Park
  •  63 Rooms
  •  Breakfast Area (Seats 13)
  •  Business Center
  •  Wireless Internet
  •  Oversized Vehicle Parking
  •  3 Stories
  •  Interior Corridors
  •  Wood Frame Structure
  •  Stucco Facade
  •  Pitched, Asphalt-Shingle Roof
  •  Asphalt Parking Lot
  •  Built 1981
Financials
2014
2015
2016
T-12Mos 8/17
Occupancy
72.28%
66.24%
59.39%
71.43%
Average Daily Rate
$60.18
$61.56
$60.97
$58.85
Room Revenue
$1,000,311
$937,720
$834,886
$966,644
Net Operating Income
$303,876
$244,495
$206,871
$371,730
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!