The Dakota

3200 W Russell St, Sioux Falls, SD 57107

Property Information

  • 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

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

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