Fee Simple Managed Hotel
For Sale
Contact for pricing
121 Well St, Williston, ND 58801
Fee simple interest in a 248-room, third-party managed WoodSpring hotel in Williston, North Dakota.
Property SizeContact for details
Days on Market143
Property Features for 121 Well St
General Information
Standard status
Active
Property subtype
Hospitality
Listing Agency:
Sunbelt Hotel Brokers LLC
Listed By:
Jere Allen · License #Tx 0587057
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 7:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sunbelt Hotel Brokers LLC
Investment Insights
Based on property information with market context.
Fee simple interest is offered in a lender-owned, third-party managed WoodSpring hotel with 248 rooms in Williston, North Dakota. The offering is presented as discounted relative to replacement cost.
Public remarks indicate the property is proximate and readily accessible to regional demand, including Haliburton, Sun Well Service, GE Oil & Gas, and Isco industries. The Williston market is described as continuing to diversify, with referenced activity supporting drilling levels and related services.
Remarks also cite crude pricing and increased regional drilling activity, with rig count increasing to 23 by December 2021 (a 77% increase from the prior year). Additional development mentioned includes a Crilon plan for a $2.8 billion gas and liquid conversion facility in Williams County, continued unmanned aircraft systems development, and a referenced $1.9 billion cryptocurrency factory.
Public remarks indicate the property is proximate and readily accessible to regional demand, including Haliburton, Sun Well Service, GE Oil & Gas, and Isco industries. The Williston market is described as continuing to diversify, with referenced activity supporting drilling levels and related services.
Remarks also cite crude pricing and increased regional drilling activity, with rig count increasing to 23 by December 2021 (a 77% increase from the prior year). Additional development mentioned includes a Crilon plan for a $2.8 billion gas and liquid conversion facility in Williams County, continued unmanned aircraft systems development, and a referenced $1.9 billion cryptocurrency factory.
Key Highlights
- Fee simple interest in a lender‑owned, third‑party managed WoodSpring hotel in Williston, North Dakota
- 248‑room hotel offered as fee simple interest
- WIT crude price hovering around $100, supporting increased drilling activity in the region
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
Demographics for 58801, ND
34,921
Population
17,095
Households
2
Avg Household Size
31
Median Age
25%
College-Educated
91%
High-School Grad
716.1 sq mi
ZIP Area
49
Density / Sq Mi
$90,119
Median Household Income
$53,496
Median Earnings
$1,116
Median Rent
$279,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Fee simple interest in a 248-room, third-party managed WoodSpring hotel in Williston, North Dakota.
Where is this hotel located?
The property is located at 121 Well St Williston, ND.
What are key features of this property?
This property features: Fee simple interest in a lender‑owned, third‑party managed WoodSpring hotel in Williston, North Dakota; 248‑room hotel offered as fee simple interest; WIT crude price hovering around $100, supporting increased drilling activity in the region
