BISMARCK HOTEL AND CONFERENCE CENTER

800 S 3rd St, Bismarck, ND 58504
$13,900,000

Cap Rate
12.56%
Price Per Unit
$45,574
Units
305
NOI
$1,745,592
Property Type
Hospitality

INVESTMENT HIGHLIGHTS

WELL POSITIONED PROPERTY

  • This is an opportunity to gain a consistently high-performing hospitality asset located on some of the most sought-after commercial land in Bismarck. The property generates strong, reliable income and benefits from excellent visibility being located just North of E Bismark Expressway with ±31,950 VPD.

HIGH CONFERENCE SPACE POTENTIAL

  • The property features approximately ±25,000 SF of banquet and conference space that remains largely underutilized by the current ownership. This area presents significant upside potential through expanded event programming or corporate partnerships offering a clear path to increased revenue and asset value.

FLEXIBLE ACQUISITION TERMS

  • Seller financing is available with a 25% down payment, offering a more accessible capital structure for qualified buyers. This financing option enhances deal flexibility and can improve return profiles for investors seeking leverage without traditional lending constraints.

ADDITIONAL PRIME RETAIL LAND AVAILABLE

  • This is an opportunity with an extra ±1.5 acres of high-exposure retail land is available on the north side of the property, offering future development or resale potential. This parcel, valued at approximately $1.5 million, enhances the overall investment offering and provides optional expansion or diversification opportunities.

ON-SITE AMENITIES

  • The hotel features a full suite of guest and revenue-driving amenities, including a bar and restaurant, a leased casino, an indoor water park, multiple banquet spaces, and an arcade. These offerings enhance guest experience, support diversified income streams, and position the property as a leading full-service destination in the region.

Broker of Record

  • Brian Brockman
  • License No. 10200 (ND)
  • (866) 889-0550
  • Bang Realty-Dakotas Inc
  • 11427 Reed Hartman Hwy Suite 236,
    Cincinnati, OH 45241