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Financial
Distress signals
Property profile

242 Airport Rd Billings, MT 59105

OFF-MARKET
Hotels
Property ID
US52-0104957
38,450 SF 1.4 ac lot Built 2000
Last sale Aug 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 69-key motel in Billings, Montana presents a compelling investment opportunity. Boasting 38,450 square feet on a 61,010 square foot lot, this four-story, 2000-built property underwent extensive renovations between 2021 and 2023. The property features 70 parking spaces and is conveniently located near the Metra (10,000 seat arena) and airport, providing easy access to local attractions. The asking price is $11,250,000, representing a price per square foot of $292.59 and a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$49k
Tax billed · 2023
Assessed value$3.93M
Effective rate1.25%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionYELLOWSTONE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.3
Realty agency14.2
Parking Facility10.7

Location

242 Airport Rd Billings, MT 59105-3007
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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