Hotels for Sale

Woodspring Suites Williston, ND

Address:
Williston, North Dakota
Description:

UNDER CONTRACT

  • Fee simple interest in the lender REO 248-room WoodSpring Suites Williston ND offered at a substantial discount to replacement cost
  • Available unencumbered of debt and management, with several branding options available including retaining the current WoodSpring flag
  • Property seeing exceptional NOI growth due to robust economic conditions in the local economy
  • Significant upside for new ownership with the subject hotel seeing significant operational improvement in the last twelve months
  • Readily accessible and visible to all traffic along Hwy 2, with approximately 20,000 vehicles passing the location daily
  • Proximate to all primary demand generators including Haliburton, Sun Well Service, GE Oil & Gas, and Isco Industries
  • Optimal time to invest in Williston ND in advance of the opening of a new $250MM Airport, which is set to accommodate the significant increase in airport traffic

Listing Agent

Hussain Waseem
T: 773.526.8713
Email

Suzanna Farley Aldrich
T: 406.478.3010
Email

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