1000 S Grange Ave - Hospitality FOR SALE
Sioux Falls, SD 57105 |
$3,200,000 USD
605-444-7117
1000 S Grange Ave
Sioux Falls, SD 57105
OVERVIEW
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
FOR SALE DETAILS
PRICE
$3,200,000 USD
PRICE/SF
$112 USD /SF
# OF ROOMS
63
PRICE/ROOM
$50,794 {currency}
CAP RATE
10%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Valley Inn Hotel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1984
PARKING SPACES
47
LAND DETAILS
LAND ACRES
0.8 AC
LAND SF
34,848 SF
ZONING
S-2
APN/PARCEL ID
41330,63000
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605-444-7117
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605-444-7117
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