BOZEMAN, MT, November 7, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the sale of Baymont by Wyndham Bozeman, a 50-room hospitality property located in Bozeman, Montana, according to Adam A. Lewis, regional manager of the firm’s Denver office.
Huberth Marak, an associate in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, an in-state private investor. The buyer, an out-of-state private investor, was secured by Skyler Cooper, first vice president, in Marcus & Millichap’s Dallas office, with Adam Christofferson, Montana regional manager and broker of record, aiding in closing this transaction. Allan Miller, senior vice president, and Chris Gomes, senior managing director, in Marcus & Millichap’s Austin and Dallas offices, respectively, were also listed on the deal as supporting brokers.
“The deal closed on time with very few complications arising in the escrow process,” Marak explained. “With Skyler’s help, we secured a cash buyer and closed the deal in 60 days.”
Baymont by Wyndham Bozeman is located at 2020 Wheat Drive in Bozeman, Montana, just off Interstate 90. The 50-room property was built in 1994 on a 1.51-acre lot and is situated less than 10 minutes from Montana University.
The Miller-Gomes Hotel Team of Marcus & Millichap has sold over 525 hotels across the nation since its inception. The team has over 70 active listings across 19 states with 35 assets under contract and 73 closings this year.
# # #
About Marcus & Millichap (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research, and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting, and advisory services to clients. Marcus & Millichap closed 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.
