- For Sale $3,200,000
- Property Type Other
- Property Size 28,660 SF
- Date Updated May 26, 2026
Description
Located in central Sioux Falls, near Sanford Health main hospital. Neighbors include many Sanford entities and the University of Sioux Falls and Augustana University.Zoning: Commercial
3 year average Cap Rate: 10%
Lot Size: 0.80 AC
2 Buildings: Building #2 has elevator, Building #1 does not
ADR: $89.99
Number of Rooms: 63
Number of parking spaces: 47
GRM: 3.87X's
REV PAR: $49.08
Real Estate Taxes: $29,639.04
Current Revenue January-June: $345,312
3 year average EBITDA: $321,000
Building 1 built in 1984, Building 2 built in 1994
Highlights
- 2 Buildings: Building #2 has elevator, Building #1 does not
- 3 year average Cap Rate: 10%
- 3 year average EBITDA: $321,000
- ADR: $89.99
- Building 1 built in 1984, Building 2 built in 1994
- Current Revenue January-June: $345,312
- GRM: 3.87X's
- Lot Size: 0.80 AC
- Number of parking spaces: 47
- Number of Rooms: 63
- Real Estate Taxes: $29,639.04
- REV PAR: $49.08
- Zoning: Commercial
False
Contacts
Dale Zomer
NAI Sioux Falls
Location
Located at 1000 South Grange Avenue, 1201 W. 18th Street, Sioux Falls, SD 57104, this property is part of the Park neighborhood.
Contact Listing Broker
Dale Zomer
NAI Sioux Falls
