- Strategic Location: 90-room hotel in Watford City with Highway 23 access, serving as a hub for the western Bakken oil fields.
- Energy-Driven Demand: Strong corporate and extended-stay demand from Chord Energy, ConocoPhillips, and other major Bakken operators.
- Healthcare & Education Stability: McKenzie Health and University of Mary – Watford City drive consistent demand from professionals, patients, and students.
- Leisure & Group Generators: Nearby Theodore Roosevelt National Park, Maah Daah Hey Trail, and Rough Rider Center attract leisure and event travelers.
- Steady Submarket Growth: As of August, the 12-month average RevPAR in the North Dakota Area Hotel Submarket increased by 0.8%, signaling steady growth and boosting investor confidence in the asset and market.
- Diverse Demand Base: Hotel benefits from a balanced mix of corporate, healthcare, education, and tourism-related lodging needs.
- Amenity-Rich Offering: Features guest laundry, fitness center, and flexible meeting space, appealing to business, group, and leisure travelers.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap’s Hospitality Division is pleased to present for sale to qualified investors Inn at Hunters Run (the “Hotel” or “Property”) located in Watford City, North Dakota. The Hotel is offered at $4,900,000 or $54,444 per key.
Inn at Hunters Run is a three-story hotel with 90 rooms, located at 3617 6th Avenue NE, Watford City, North Dakota. The Hotel is easily accessible from Highway 23 and maintains common area amenities including a fitness center and free parking.
As of August, the 12-month average RevPAR in the North Dakota Area Hotel Submarket increased by 0.8 percent, indicating robust growth and a lower-risk environment, boosting investor confidence in the asset and thriving market.
Watford City, the county seat of McKenzie County, serves as the regional hub for the western Bakken oil fields, with nearby larger cities including Williston (≈45 miles), Minot (≈125 miles), and Bismarck (≈185 miles). The city benefits from a diverse mix of lodging demand, anchored by corporate travel, healthcare, education, and tourism.
The Bakken Shale Play remains the primary economic driver in the region, with major operators—including Chord Energy and ConocoPhillips—maintaining an active presence in Watford City. These companies support consistent corporate travel, extended-stay demand from rotational workforces, and project-related transient lodging. McKenzie County’s growth during the energy boom has established a long-term base of business activity that continues to underpin the local hospitality sector.
Healthcare and education add stability to the market. McKenzie Health (McKenzie County Healthcare Systems – 2.4 miles) provides inpatient and specialty services, attracting medical professionals, visiting specialists, and patient families. Higher education and workforce training programs, including partnerships with University of Mary - Watford City (1.8 miles) and Williston State College, contribute to hotel demand through short courses, training
events, and recruitment stays.
Leisure and group demand further support the local hotel market. Watford City is the gateway to Theodore Roosevelt National Park and the Maah Daah Hey Trail, attracting outdoor enthusiasts. Local amenities include Fox Hills Golf & Country Club (1.4 miles) University of Mary – Watford City (1.8 miles), the Rough Rider Center (1.9 miles), McKenzie Health (2.4 miles), Wild West Water Park (3.1 miles), the Long X Visitor Center (3.3 miles), and McKenzie County Heritage Park & North Dakota Oil Museum (4.0 miles). Together, these venues provide recreation, cultural programming, and community events that drive leisure and group travel. The Rough Rider Center, a modern multipurpose events facility, regularly hosts concerts, sporting events, expos, conferences, and
community gatherings, generating a reliable source of group and banquet business.
BROKER OF RECORD
Jon Ruzicka
North Dakota
P: (952) 852-9700
Lic.# 10032
