1301 W Russell St - Hospitality FOR SALE
Sioux Falls, SD 57104 |
$16,500,000 USD
1301 W Russell St
Sioux Falls, SD 57104
OVERVIEW
Price per Room: This price includes the restaurant, waterpark, casino, arcade, etc. - $110,000
Revenue PAR: $84.10 YTD
ADR: $142.23 YTD
Price/sq. ft.: $133.39
Real Estate Taxes: $172,061
Ramada Worldwide Inc - Franchise Agreement Expires 7-10-2034
# of Rooms: 150
Occupancy: 59.10% - STR - YTD
Year Built: 1962/1995
Boston’s Restaurant: ROI Hospitality Management Co.
FOR SALE DETAILS
PRICE
$16,500,000 USD
PRICE/SF
$133 USD /SF
# OF ROOMS
150
PRICE/ROOM
$110,000 {currency}
CAP RATE
12%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Ramada by Wyndham Sioux Falls Airport
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1962
PARKING SPACES
337
LAND DETAILS
LAND ACRES
7.03 AC
LAND SF
306,053 SF
ZONING
FP;FP
APN/PARCEL ID
24659
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