A&D, Purchasing Companies

CIP Successfully Concludes Sale of Ramada Inn by Wyndham Butte

January 15, 2025

BUTTE, MONTANA — Crystal Investment Property, LLC (“CIP”), a member of Hotel Brokers International, announced the successful sale of the Ramada by Wyndham Butte in Butte, Montana. CIP, a licensed Montana brokerage, represented the Buyer and Seller and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.

The Ramada by Wyndham Butte, a 129-key, full-service hotel, has been successfully sold, marking a notable transaction in Montana’s hospitality market. Strategically located off I-15 and I-90, the property offers seamless access to Bert Mooney Airport (BTM), Montana Technical University, and key local attractions, including the World Museum of Mining and Our Lady of The Rockies.

The property features 10,000 sq. ft. of flexible event space across six venues, accommodating up to 500 conference guests or 360 banquet attendees. Guests benefit from amenities such as a heated indoor pool, fitness center, on-site bar and casino, and complimentary WiFi and parking.

This acquisition underscores the property’s strong market potential and its strategic location as a key driver for future growth. The new ownership plans a comprehensive rebranding and significant property upgrades to further enhance the hotel’s value and appeal.

Michelle Kennedy, Principal/Designated Broker, said, “While the property was never formally listed, our long-standing relationships and deep expertise in the hospitality industry allowed us to introduce a highly qualified and truly ideal Buyer, ensuring a seamless and efficient process for all involved. It’s a strong start to the year, and we look forward to continuing to deliver value to our clients in the months ahead.”

Related Articles

Get involved!

Get Connected!
Come and join our Hotel Community Form.

Comments

No comments yet
Back to top button