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28941098
28941081

105 Centennial Drive, Livingston, MT 59047

JF
MN MN 40737246
Marcus & Millichap - Minneapolis
JR
MN MN 40583288, NE 20200223 (+4)
Marcus & Millichap - Minneapolis
RG
MN MN 40892986
Marcus & Millichap - Minneapolis
Listed by Marcus & Millichap - Minneapolis
$6,550,000
199 days on market
Updated 9 days ago

Livingston Hotel Portfolio - Yellowstone National Park Area

Details
Property Type Hospitality
Sub Type Hotel
Keys 81
Cap Rate 15.27%
NOI $1,000,114
Investment Type Owner/User

Two Hotel Portfolio | 81 Keys | Reduced Price

Marketing description

Marcus & Millichap is pleased to present a unique opportunity to acquire the fee simple interest in two adjacent hotel properties in Livingston, Montana: the 37-room Super 8 by Wyndham and the 44-room Travelodge by Wyndham. Offers will be considered for individual assets or both properties together. The hotels sit on separate parcels, offering investors operational flexibility and the potential for future repositioning or redevelopment. Zoning allows for multiple uses, a rare opportunity in this highly constrained and high-demand market.

The Super 8 and Travelodge in Livingston, MT, are strategically located near Yellowstone National Park, the world's first national park, established in 1872. As one of the most visited national parks in the United States, Yellowstone attracts millions of visitors annually. Positioned along I-90, these properties benefit from strong year-round travel demand driven by tourism, outdoor recreation, and regional business activity. Livingston serves as a key gateway to Yellowstone’s northern entrance, making it a prime stop for travelers seeking lodging before entering the park. Additionally, the area’s vibrant arts scene, renowned fly-fishing opportunities, and historic downtown further enhance the appeal of these well-positioned assets.

Investment highlights

-Updated pricing reflects Super 8 Livingston and Travelodge Livingston sold as a two-hotel portfolio. Yellowstone Mall is excluded. On-site Travelodge housing can accommodate approximately 10 people.

-Situated in a prime location of Livingston, MT, these well-maintained hotels make for an excellent jumping off point to many of southwest Montana's exciting attractions.

-Historically, the hotels have had stable cash flow with very minimal volatility. The visitation at Yellowstone National Park has steadily increased since it opened in 1872.

-Montana's pro-business environment, most notably the absence of a state sales tax, creates a significant financial advantage for hotel owners across the state.

Listing Contacts

JF
MN MN 40737246
Marcus & Millichap - Minneapolis
JR
MN MN 40583288, NE 20200223 (+4)
Marcus & Millichap - Minneapolis
RG
MN MN 40892986
Marcus & Millichap - Minneapolis
Listed by Marcus & Millichap - Minneapolis

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,000,114.00
$83,342.83/mo

Valuation Metrics

0
DSCR
15.27%
Cap Rate
15.27%
ROI

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Additional Information

Name
Adam Christofferson
License
MT RRE-BRO-LIC-15748
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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