Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Super 8 by Wyndham Williston ND ("Hotel" or "Property") located in Williston, North Dakota. The Wyndham Hotels & Resorts-branded Hotel is offered at $2,500,000 or $30,488 per key. The Super 8 by Wyndham Williston ND is an 82-room, three-story interior corridor hotel located at 2324 2nd Avenue W., Williston, North Dakota. The Property is situated on Route 2/85 and features various common area amenities, including an indoor pool with hot tub, on-site guest laundry, and ample parking for buses, trucks, and recreational vehicles. Williston, North Dakota, thrives as a key economic hub within the Williston Micropolitan Statistical Area (µSA), strategically located near the Montana state border approximately 20 miles to the west and about 60 miles south of the Canadian border. This prime location has been pivotal in leveraging the discovery and exploitation of the Bakken shale formation, attracting significant investments in oil and gas extraction that bolster the city's resilient economy. Williston State College, with an enrollment just under 1,000, plays a crucial role in supporting this growth by offering tailored education and training programs, particularly relevant to the energy industry. In the Fall of 2025, Williston State College will introduce men’s and women’s cross country with a NJCAA Division III affiliation. Beyond its industrial strengths, the region boasts diverse outdoor recreational opportunities such as hunting, fishing, and other activities, enriching local quality of life and drawing visitors. Agriculture remains a cornerstone of the area's economy, with farming and ranching contributing significantly. Notable demand generators near the property include Halliburton (3.7 miles), a key provider of essential oilfield services such as drilling and production optimization, and Calfrac Well Services (6.5 miles), specializing in hydraulic fracturing crucial for Bakken extraction, which is prominent in the area. Kinder Morgan (4.5 miles) contributes significantly to the region's energy infrastructure through midstream operations, facilitating the transportation and storage of oil and natural gas. Additionally, CHI St. Alexius Health (1.9 miles) provides essential healthcare services, catering to both residents and visiting professionals. The recent opening of Williston Basin International Airport (XWA) in 2019 (12 miles) has significantly enhanced connectivity, supporting business travel and fostering ongoing economic development and investment in the Williston MSA. These strategic amenities not only attract business travelers seeking convenient access to major industry players but also position the hotel ideally to serve executives, technicians, and visitors engaged in the dynamic energy sector and cultural attractions of the Williston area. Climbing Competitive Set RevPAR: Between year-end 2023 and 2024, the Hotels competitive set average RevPAR increased by over 25.17 percent, indicating robust growth and a lower-risk environment, boosting investor confidence in the asset and thriving market. Attractive RRM: With a Room Revenue Multiplier of 2.70, the Hotel presents investors with the opportunity to purchase the asset at a conservative price, offering strong potential for higher returns on their investment. market.