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34601771

1015 S HAYNES AVE, MILES CITY, MT 59301-5727 For Sale

PG
WY 491, MT RRE-BRO-LIC-8537 (+4)
Hospitality & Commercial Brokers
GE
WY 12658
Hospitality & Commercial Brokers
Listed by Hospitality & Commercial Brokers
$3,275,000
3 days on market
Updated 3 days ago

SureStay by Best Western

Details
APN 14174034416010000
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 26,272
Units 53
Year Built 1970
Stories 2
Acreage 0.700

53 Rooms - Best Western Brand Upgrade Approved

Marketing description

The SureStay by Best Western Miles City, a well-located, 53-room, strategically positioned just off Interstate 94 in Miles City, Montana. Operating under the globally recognized Best Western family of brands, the property offers investors an opportunity to acquire a nationally affiliated hotel serving one of eastern Montana's most stable regional markets.

Situated along the primary commercial corridor of South Haynes Avenue, the hotel enjoys excellent visibility and convenient access to Interstate 94, attracting a diverse mix of business travelers, regional visitors, government employees, healthcare-related demand, and motorists traveling across eastern Montana. Guests benefit from proximity to Holy Rosary Healthcare, Miles Community College, downtown Miles City, the Yellowstone River, and numerous restaurants and retail amenities..

Miles City serves as the commercial and governmental center for southeastern Montana, supporting a broad regional trade area driven by agriculture, healthcare, banking, education, transportation, and government services. Unlike many western markets that have experienced significant new hotel development, Miles City continues to benefit from a relatively stable lodging supply and a diversified local economy, creating an attractive environment for long-term ownership.

Investment highlights

    • Strategic Interstate Location - Excellent visibility and accessibility immediately off Interstate 94, one of the primary east-west transportation corridors across Montana.
    • Regional Service Hub - Located in the economic center of southeastern Montana, serving a multi-county trade area with diverse year-round commercial activity.
    • Diversified Demand Base - Benefits from business travel, healthcare, agriculture, education, government, and regional leisure visitation, reducing dependence on any single industry.
    • Limited New Competition - Miles City has experienced minimal new hotel development, helping preserve the property's competitive position within the market.
    • Operational Upside - Opportunity exists for new ownership to enhance revenue through operational efficiencies, strategic revenue management, targeted capital improvements, and expanded marketing initiatives.
    • Strong Brand Recognition - Best Western continues to be one of the most recognized hotel brands in North America, appealing to both leisure and business travelers.
    • Brand Enhancement Opportunity - Approved for Best Western Upgrade
    • Turnkey Investment Opportunity - Established operating hotel with institutional-quality branding in a stable Montana market offering long-term investment potential.
    • Managers Apartment - Includes a dedicated manager's apartment, providing operational flexibility for resident management, enhanced asset oversight, improved security, and an attractive recruiting tool while offering the potential for alternative residential use or supplemental rental income, subject to ownership's operational strategy.

Listing Contacts

PG
WY 491, MT RRE-BRO-LIC-8537 (+4)
Hospitality & Commercial Brokers
GE
WY 12658
Hospitality & Commercial Brokers
Listed by Hospitality & Commercial Brokers

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