- Associated Press - Friday, October 9, 2015

BUTTE, Mont. (AP) - A vacant hotel in Butte could become an apartment complex with space to hold events under new plans by a management company buying the hotel.

The Montana Standard reports (https://bit.ly/1MhEAU1 ) that a federal judge approved the sale of the Copper King Hotel to Aspen Management LLC Monday for nearly $1.1 million.

Scott Haeffner, who operates a financial firm in Butte, says he and Aspen Management plan to turn the apartment’s 144 rooms into apartments. The hotel’s convention space would remain, but would possibly be used for weddings and other events.

Cimarron Group Inc. and its president, Ken Burningham, filed for bankruptcy in May, avoiding a public sale of the hotel. The hotel has been closed since January 2014.

Closing matters of the sale are still pending.


Information from: The Montana Standard, https://www.mtstandard.com

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