La Quinta Inn & Suites Belgrade

Investment Overview

Investors-a rare opportunity to own or establish a land lease on a hospitality investment in Montana's Bozeman–Yellowstone market. This exceptional opportunity in a well-positioned, 65-room hospitality property serving one of Montana's most recognizable and desirable destinations doesn't come around often. The La Quinta Inn & Suites by Wyndham in Belgrade offers investors an established hotel operation, a substantial program of recent capital improvements (PIP almost complete), and a strategic location. Situated just one interstate exit from the Bozeman Yellowstone International Airport, the property benefits from convenient access to the primary commercial aviation gateway serving Bozeman, Big Sky, Yellowstone Nat'l Park, and much of southwest Montana. This location positions the hotel to accommodate a diverse mix of travelers, including business professionals, regional visitors, university-related guests, recreational tourists, and travelers arriving to experience Yellowstone National Park and Montana's renowned outdoor destinations. For investors seeking hospitality exposure in the greater Bozeman market, this offering presents a compelling combination of an established national hotel brand, meaningful recent reinvestment, and an operating location with over $1 Million in recent property improvements. A distinguishing feature of this offering is the PIP, which is nearing completion. Upon completion, all 65 guest rooms will have been updated, providing the next owner or operator with a substantially refreshed lodging product. In addition to the hotel & guest room renovations, the hotel had a new roof installed in November 2025, representing another significant recent capital improvement. For a prospective purchaser, the combination of refreshed accommodations and major building improvements provides an opportunity to acquire an operating hotel that has already undergone a substantial portion of its planned reinvestment, rather than beginning ownership with an extensive renovation program. The property generates substantial annual revenue and operates as an established hospitality business within the Wyndham family of hotel brands. Inside, guests are welcomed by an inviting lobby and fireplace, featuring a warm atmosphere consistent with the character of Montana hospitality. The spacious entrance provides a comfortable gathering area for travelers arriving after a day of business, sightseeing, or outdoor recreation. The property also features an indoor swimming pool and hot tub, amenities that enhance the guest experience and offer year-round appeal. These features are especially attractive in Montana's climate, where visitors appreciate comfortable indoor recreational options following winter travel, skiing, snowmobiling in Yellowstone, hiking, or long days exploring the region. An elevator provides convenient access throughout the hotel, while ample on-site parking, supplemented by additional overflow parking, accommodates guests traveling with personal vehicles and rental cars. Parking availability is an important consideration in an airport-oriented market where many visitors rely on vehicles to access the surrounding region. Together, these amenities contribute to a full-service guest experience within the limited-service hotel category, balancing operational efficiency with features that support guest satisfaction and repeat visitation. Unlike hospitality properties dependent primarily on a single attraction or seasonal travel pattern, the greater Bozeman area benefits from a broad combination of tourism, university activity and sporting events, regional commerce, airport traffic, construction and development, and year-round outdoor recreation. Belgrade continues to expand and connect to Bozeman, creating more opportunity and even better location with each passing day. Belgrade's location immediately to the airport also makes it a practical lodging alternative for travelers who value convenient airport access while remaining within easy reach of downtown Bozeman and the region's principal destinations, with annual passengers continually setting new records and set to surpass 3 million annually. For hotel operators and investors, this diversified demand environment is an important consideration when evaluating the property's long-term positioning. Southwest Montana occupies a distinctive position in the American travel landscape. For generations, Yellowstone National Park has attracted visitors from around the world, drawn by its geothermal features, wildlife, mountain scenery, and extraordinary natural setting. The greater Bozeman area has become closely associated with the modern Montana experience: wide-open landscapes, world-class fishing, skiing, ranching traditions, and access to some of the West's most celebrated recreational destinations. For buyers seeking an investment in southwest Montana, the property offers more than a connection to one of the West's most desirable destinations. It offers a tangible hospitality asset positioned at the intersection of regional growth, airport accessibility, and Montana's enduring appeal as a place to visit, explore, and conduct business. Popular culture has further elevated Montana's national visibility, introducing new audiences to the state's scenery and Western heritage. Yet the region's appeal extends well beyond its portrayal in television and film. Visitors come for authentic experiences, whether that means exploring Yellowstone, skiing at Big Sky, fishing the Gallatin River, attending events at Montana State University, or enjoying the restaurants, shops, and cultural attractions of Bozeman. Bozeman and the surrounding Gallatin Valley have also experienced significant residential and commercial development, supporting demand from travelers whose visits are driven by business, family, education, and professional activities rather than recreation alone. This combination of destination tourism and regional economic activity creates a distinctive hospitality market with appeal to investors familiar with mountain resort communities as well as those seeking exposure to an established airport-oriented lodging location. A boundary line adjustment is currently underway, which is expected to reduce the parcel's total area (not affecting parking in any substantial way) and most likely reduce the associated property tax. Final parcel dimensions, legal descriptions, and tax implications will be subject to completion of the adjustment and applicable governmental assessments. The property is being considered for either a fee-simple sale or a potential long-term land lease arrangement, providing flexibility to explore transaction structures aligned with the objectives of qualified investors and operators. **Financial statements, operating history, property improvement details, and proposed transaction terms are available to qualified prospective purchasers upon request.**