- For Sale $2,400,000
- Property Type Other
- Property Size 10,885 SF
- Lot Size 2 Acre
- Year Built 2008
- Date Updated Aug 3, 2026
Description
Located southeast of the Highway 59/Highway 44 intersection
Area neighbors include Bomgaars, Hy-Vee, The Buck Snort Restaurant, Farm Credit Services of America, Harlan Dental, Burger King, Pizza Hut45 rooms
2024 Occupancy: 60.33%
Parking Lot: Paved - 50 spaces
Price per Room: $55,814
ADR - 2024: $92.64
GRM: 2.90Xs
2026 Projected Revenue: $850,000
Price/sq. ft.: $220.49
Real Estate Taxes: $42,000
2025 Revenue: $828,788
4 Year Average NOI (2022-2025): $228,124
Estimated ADS: $140,000
Estimated Cash Flow after ADS: $60,000
Recent improvements include new mattresses, platform LED bed frames, LVT flooring, vanity lights, 10 new PTAC units, 25 new mini refrigerators, updated Wyndham paint colors, a new fitness room, a refurbished swimming pool, and granite countertops in the lobby and breakfast area.
Highlights
- 2024 Occupancy: 60.33%
- 2025 Revenue: $828,788
- 2026 Projected Revenue: $850,000
- 4 Year Average NOI (2022-2025): $228,124
- 45 rooms
- ADR - 2024: $92.64
- Estimated ADS: $140,000
- Estimated Cash Flow after ADS: $60,000
- GRM: 2.90Xs
- Parking Lot: Paved - 50 spaces
- Price per Room: $55,814
- Price/sq. ft.: $220.49
- Real Estate Taxes: $42,000
- Recent improvements include new mattresses, platform LED bed frames, LVT flooring, vanity lights, 10 new PTAC units, 25 new mini refrigerators, updated Wyndham paint colors, a new fitness room, a refurbished swimming pool, and granite countertops in the lobby and breakfast area.
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Contacts
Dale Zomer
NAI Sioux Falls
Location
Contact Listing Broker
Dale Zomer
NAI Sioux Falls