1324 N Crawford Ave
Hardin, MT 59034

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Super 8 by Wyndham Hardin Little Bighorn Battlefield (‘Hotel’ or ‘Property’) located in Hardin, Montana. The Wyndham Hotels-branded Hotel is offered at $2,450,000 or $58,333 per key. Hardin is located in southern Montana’s Big Horn County. The town is situated along the scenic Bighorn River, surrounded by a picturesque landscape of vast prairies and rolling hills, which makes it a highly sought-after destination for outdoor enthusiasts. Visitors to the area can explore the many small parks and trails surrounding the region, with Arapooish Recreation Park being a standout destination. This park is situated on the banks of the Bighorn River and offers visitors a range of amenities, including a picnic area, campgrounds, ?shing spots, and space for recreational vehicles. Located in Bighorn Canyon National Recreation Area, Yellowtail Reservoir (Yellowtail Dam) is home to a plethora of different ?sh and is the most ?shed stream in Montana with over 200,000 people visiting to enjoy boating, ?shing, and a wide range of outdoor activities. For those interested in the history of the area, the Little Bighorn Battle?eld National Monument is a must-visit destination. This monument showcases the history of the Battle of Little Bighorn by providing visitors with a unique glimpse into the area's past through tours and exhibitions. For outdoor enthusiasts, the nearby Bighorn Mountains offer a wealth of opportunities for hiking and mountain biking, with a variety of trails catering to all skill levels. An important transportation hub for the region, Hardin is strategically located between Billings, Montana (45 miles) and Sheridan, Wyoming (83 miles). The city’s economy is primarily rooted in agriculture, oil and gas production, and government. Big Horn County Memorial Hospital is one of the city’s largest employers and is located 1.5 miles from the hotel. Other major economic contributors in the area include Big Horn County, Hardin Public School District, and Montana Department of Transportation. Additionally, Matovich Oil has several oil and gas wells in Hardin. In 2022, the Hotel recorded room revenues greater than $865 thousand and a net operating income exceeding $274 thousand, or 31.5 percent of gross revenues, after a 4 percent capital replacement reserve. As of March, the twelve-month average RevPAR in the Montana Other Areas hotel submarket was up 8.9 percent. A prospective buyer should be able to take advantage of the anticipated increase in RevPAR through better revenue management, not only bene?ting from increased market share but also higher NOI ?ow-through.