920 14th St SE - Hospitality FOR SALE


Watertown, SD 57201
$2,300,000 USD
805-500-2155
920 14th St SE, Watertown, SD for Sale
$2,300,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

920 14th St SE
Watertown, SD 57201


HIGHLIGHTS

  • 48 units, two-story, interior corridor
  • Offered at $47,917/key
  • Conveniently located near Interstate 29, a 1.5 hour drive to Sioux Falls
  • Ideal for owner operator
  • Located 9 minutes from Watertown’s Regional Airport
  • Zoned C3 for versatile usage

OVERVIEW

The Bowman Post Group of NewGen Advisory is delighted to present for sale the Econo Lodge – Watertown, SD, a promising investment opportunity located in the thriving community of Watertown, South Dakota. Featuring 48 well-maintained guest rooms with convenient interior corridors; offers an owner-operator an opportunity in seeking to capitalize on the region’s steady tourism and business traffic.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$101 USD /SF

# OF ROOMS

48

PRICE/ROOM

$47,917 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Lodge Watertown

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

C3

APN/PARCEL ID

007011

ASK ABOUT THIS PROPERTY

Kevin BleierNewGen AdMore Info
805-500-2155

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Kevin BleierNewGen AdMore Info
805-500-2155

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.