Fairfield Inn & Suites Billings, MT

Listing Agents

Suzanna Farley Aldrich
T | 406.478.3010
saldrich@paramountlodging.com

Adam Montufar
T | 515.446.4181
amontufar@paramountlodging.com

Detailed Information
Property Highlights
  • Fee simple interest in the institutionally owned and third-party managed Fairfield Inn & Suites Billings, MT
  • Available for individual sale as part of a larger 18-property institutional portfolio sale in the July 28th auction event via Ten-X
  • Offered unencumbered by debt and management with the ability to retain the Fairfield Inn & Suites flag upon brand approval and completion of the PIP
  • Significant operating improvement prospects following completion of the PIP and transfer to a regional owner/operator model with strong local economies of scale
  • Adjacent to major thoroughfare I-90 with upwards of 18,000 vehicles passing the location daily
  • Readily accessible to all core regional demand including Montana State University Billings, St. Vincent Healthcare, downtown Billings, and Billings Logan International Airport
  • Opportune time to be investing in the Billings metro alongside several sizable developments including a $60MM expansion of Billings Logan International Airport, $78MM development of the new Montana College of Osteopathic Medicine Rocky Vista University campus, and reported $144MM estimate of Infrastructure Act spending earmarked for the state of Montana
  • The Billings market set record occupancy and ADR levels in Spring 2022, becoming the state’s busiest hotel market
Location