Hotels for Sale

Wingate by Wyndham Great Falls, MT

Address:
Great Falls, Montana
Description:

UNDER CONTRACT

  • Fee simple interest in the 63-room former Fairfield Great Falls offered at a fraction of replacement cost
  • Property offered for individual sale through Ten-X as part of a larger portfolio sale on October 24th
  • Significant operational upside following lengthy foreclosure process in 2017 with very limited capital investment in property improvements and very limited operational oversight in many years
  • Available unencumbered of debt and third-party management with rebranding completed to Wingate by Wyndham in late July 2018
  • Seller has pre-negotiated franchise terms with Wyndham including the buyer option for reduced royalty fees or key money payment
  • Financing available with upwards of 80% 'Loan to Cost' (LTC) for qualified bidders
  • Moderate Wingate by Wyndham change of ownership PIP expected upon transfer of franchise and sale of asset with 18-month deferment on full PIP requirements
  • Situated adjacent to State Hwy 200 with upwards of 40,000 vehicles passing the location daily
  • Adjacent to the 580,000 square foot Holiday Village Mall, the primary retail shopping destination for residents within a 50-mile radius
  • Readily accessible to all regional Great Falls demand including the Malmstrom Air Force Base, Benefis Health System, Great Falls Clinic, The University of Great Falls, Four Seasons Arena and Great Falls International Airport (home to the Montana National Guard’s 120th Airlift Wing)

Listing Agents

Suzanna Farley Aldrich
T: 406.478.3010
Email

Brent Clemens
T: 312.239.0572
Email

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