- For Sale $3,900,000
- Property Type Other
- Property Size 54,722 SF
- Units 98
- Lot Size 4 Acre
- Building Class C
- Year Built 1975
- Date Updated May 26, 2026
Description
The Hotel is easily accessible from Interstate 29 and Russell Street.98 Guestrooms + Manager’s Apartment
Price per key: $39,795
Revenue T12 June 2024: $1,377,953
Occupancy T12 June 2024: 70%
ADR T12 June 2024: $53.92
NOI T12 June 2024: $274,033
Net Operating Percentage T12 June 2024: 19.9%
Two-story, Interior Corridor
Hilton, IHG, and other Brand Conversion Opportunity
Discount to Replacement Cost
Growing Population in an Expanding Market
Co-listed with Avison Young
Highlights
- 98 Guestrooms + Manager’s Apartment
- ADR T12 June 2024: $53.92
- Co-listed with Avison Young
- Discount to Replacement Cost
- Growing Population in an Expanding Market
- Hilton, IHG, and other Brand Conversion Opportunity
- Net Operating Percentage T12 June 2024: 19.9%
- NOI T12 June 2024: $274,033
- Occupancy T12 June 2024: 70%
- Price per key: $39,795
- Revenue T12 June 2024: $1,377,953
- Two-story, Interior Corridor
False
Contacts
Dale Zomer
NAI Sioux Falls
Location
Located at 3200 W Russell St, Sioux Falls, SD 57107, this property is part of the Knewel's neighborhood.
Contact Listing Broker
Dale Zomer
NAI Sioux Falls