Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Montana Trailhead Inn & Convention Center, a seven-story hotel located in the southeastern Montana town of Billings. The hotel consists of 316 guest rooms, of which only 92 are currently being operated. The hotel has undergone recent renovations including main lobby, breakfast area, business center, meeting space and fitness center. Additionally, 94 of the guest rooms have undergone soft renovations. Each guest room features a flat-screen TV, work desk, refrigerator, microwave and coffee maker. Select suites include a separate living area, sofa bed and/or wet bar. Hotel amenities include a business center, fitness center, complimentary breakfast and spacious atrium lobby. The Montana Trailhead Inn & Convention Center represents the opportunity to acquire an independent hotel in a desirable market near several demand drivers. The new owner will have the opportunity to bring the rest of the guest rooms online to gain market share and improve bottom line. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the southeastern Montana region. The Fee Simple Land can be purchased separately (see Listing Agent for details).