This is a public record generated listing.
Hotel Property in Montana
Listing Information
Attachments
Hotel Property in Montana
Price: Not Specified
Other Item Info
Item #: mtbke_84168
Created: 09/18/2020
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Date: None Set
Created: 09/18/2020
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Date: None Set
Seller Info
GARY S. DESCHENES
Debtor's Attorney
309 First Avenue North
Great Falls, MT 59403-3466
(406) 761-6112
Debtor's Attorney
309 First Avenue North
Great Falls, MT 59403-3466
(406) 761-6112
Bankruptcy Info
Case #: 1:20-bk-10140
Case Title: KHAN REAL ESTATE LLC
Court: Montana Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: KHAN REAL ESTATE LLC
Court: Montana Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of hotel property located in Billings, Montana. The Western Inn in Billings, MT is a 40 unit, interior and exterior corridor family-owned and operated hotel in downtown Billings. Located just north of Interstate 94 in central Montana, the hotel is well situated in one of the fastest growing cities in the region and the largest city in Montana. The hotel is highly profitable and fully renovated, offering airport shuttle to Billings Logan International Airport with free trip parking. There is $24,000 of income for rental parking space to the Airport. The Owner has put in over $960,000 into the hotel since 2011, including a brand new roof with 30 year warranty, new carpet, energy saving windows, manager's apartment remodel, new signage, replaced old sewer lines and drainage system in parking lot, exterior and interior painting, roofing upgrades, and other extensive work. There are 10 exterior-only rooms, 3 exterior and interior entry rooms, 7 private balcony interior rooms, and 18 interior only rooms.
Features:
- Property Type: Hotel
- Building Size: 15,554 SF
- Lot Size: 0.48 AC
- Built in 1961