Crystal Investment Property, a member of Hotel Brokers International, has sold the Ramada by Wyndham Butte in Butte, Mont. 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. Other terms and conditions were not disclosed.
The Ramada by Wyndham Butte, a 129-key, full-service hotel, is located off I-15 and I-90. The property is close to Bert Mooney Airport, Montana Technical University, and key local attractions, including the World Museum of Mining and Our Lady of The Rockies.
The property has 10,000 square feet of flexible event space across six venues, accommodating up to 500 conference guests or 360 banquet attendees. Amenities include a heated indoor pool, fitness center, on-site bar and casino.
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.
“While the property was never formally listed, our longstanding 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," Michelle Kennedy, principal/designated broker, said in a statement. "It’s a strong start to the year, and we look forward to continuing to deliver value to our clients in the months ahead.”