3121 King W Ave Billings, MT 59102-6437
Property profile & analytics
3121 King W Ave Billings, MT 59102-6437
- Hotels
- 21,456 SF
- 0.90 lot acres
Property ID
US52-0062774
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Western Executive Inn / Hotel & Motel
Property Details for 3121 King W Ave
- Year built
- 2003
- Construction
- WOOD
- Lot size
- 0.90 lot acres
- Property size
- 21,456 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 03-0926-12-3-01-30-0000
- APU
- 3092612301300000
Description
Exceptional opportunity to acquire a 40-key hotel located at 3121 King Ave W, Billings, Montana, 59102. This fee-simple property boasts 21,456 square feet on a one-acre lot, zoned CMU1-Corridor Mixed Use 1. Built in 2003, the two-story building is currently operating as an independent, non-franchised hotel with a strong 4.2-star Google rating. The property features a mix of room types including handicap-accessible rooms, single queen rooms, and double queen rooms, all equipped with jacuzzi tubs. The hotel has been owned and operated by the same sellers since its construction, ensuring consistent management and minimal deferred maintenance. A new roof has recently been installed. The property enjoys a high traffic count of 27,000 cars per day, providing excellent visibility and accessibility. Financial records are available upon request, along with a detailed breakdown of the $39,010 annual property taxes. The asking price is $3,400,000, translating to $158.46 per square foot and $85,000 per key. The land value alone is $87 per square foot. This turnkey operation includes existing management and staff, presenting a unique redevelopment opportunity for an owner/user. Offers are being accepted until September 21, 2024, with responses by September 31, 2024. Interested parties should submit a business plan and financial letter with their offer.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.595
- Latitude
- 45.7557
- CBSA code
- 13740
- CBSA name
- BILLINGS, MT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,952
$0.00
$0.00
$2,237,200
-
$710,147
$1,527,053
$2,237,200
