3
Property Features Full-service hotel with conference center, pool, restaurant Only full service hotel for 70 miles east or west on I-90 122 rooms on two levels 113,676 total sq. ft. Opened in 1970 $250,000 PIP completed within the last five years ADR averages $78.10 for the year Lot size is 5.69 acres/248,203 sq. ft. Ample parking for bus and RV parking (200 spaces) Pricing List Price is $2,500,000 $20,491.80 per key 2015 Real Estate Taxes are $65,813.26 Financials will be provided upon request and signing of confidentiality agreement Location Located off of Interstate 90 & Highway 37 Area neighbors include Jacks Campers, Motel 6, Roadway Inn, Dakota Wesleyan University and Trail King Industries For Sale Hotel & Conference Center List Price: $2,500,000 Ramada Mitchell Hotel 1525 W. Havens Avenue, Mitchell, SD 57301 Dennis Breske +1 605 444 7100 direct +1 605 310 6666 mobile [email protected] 2500 W. 49th Street, Suite 100 Sioux Falls, SD 57105 +1 605 357 7100 naisiouxfalls.com NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.

For Sale Hotel & Conference Center - LoopNetimages2.loopnet.com/d2/2t8GMShki2RGaQlraj_A2bvQg4D4rG8dA... · 2017-08-10 · Property Features • Full-service hotel with conference

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: For Sale Hotel & Conference Center - LoopNetimages2.loopnet.com/d2/2t8GMShki2RGaQlraj_A2bvQg4D4rG8dA... · 2017-08-10 · Property Features • Full-service hotel with conference

Property Features• Full-service hotel with conference center, pool, restaurant• Only full service hotel for 70 miles east or west on I-90• 122 rooms on two levels• 113,676 total sq. ft.• Opened in 1970• $250,000 PIP completed within the last five years• ADR averages $78.10 for the year• Lot size is 5.69 acres/248,203 sq. ft.• Ample parking for bus and RV parking (200 spaces)

Pricing• List Price is $2,500,000• $20,491.80 per key• 2015 Real Estate Taxes are $65,813.26• Financials will be provided upon request and signing of

confidentiality agreement

Location• Located off of Interstate 90 & Highway 37• Area neighbors include Jacks Campers, Motel 6, Roadway

Inn, Dakota Wesleyan University and Trail King Industries

For Sale

Hotel &Conference CenterList Price: $2,500,000

Ramada Mitchell Hotel 1525 W. Havens Avenue, Mitchell, SD 57301

Dennis Breske+1 605 444 7100 direct+1 605 310 6666 mobile [email protected]

2500 W. 49th Street, Suite 100Sioux Falls, SD 57105+1 605 357 7100

naisiouxfalls.com

NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.

Page 2: For Sale Hotel & Conference Center - LoopNetimages2.loopnet.com/d2/2t8GMShki2RGaQlraj_A2bvQg4D4rG8dA... · 2017-08-10 · Property Features • Full-service hotel with conference

For Sale

Hotel &Conference Center

2500 W. 49th Street, Suite 100Sioux Falls, SD 57105+1 605 357 7100

naisiouxfalls.com

Page 3: For Sale Hotel & Conference Center - LoopNetimages2.loopnet.com/d2/2t8GMShki2RGaQlraj_A2bvQg4D4rG8dA... · 2017-08-10 · Property Features • Full-service hotel with conference

For Sale

Hotel &Conference Center

2500 W. 49th Street, Suite 100Sioux Falls, SD 57105+1 605 357 7100

naisiouxfalls.com

Amenities• Shay’s Restaurant & Lounge• Banquet & conference rooms• Indoor swimming pool w/jacuzzi & wading pool• Steam room & sauna• 13 standard king, 74 standard queen,

12 king suites, 16 queen suites, 2 jacuzzi suites, 4 accessible, 1 murphy bed room

• 9 hole indoor miniature golf• Continental breakfast room• Flat-screen televisions in each room• Business center• WI-FI through out • Fitness center• Entirely smoke-free building

Site

Interstate 90

S. O

hlm

an S

tree

t (I-

90 B

ypas

s)

W. Havens Avenue

W. Havens Avenue

S. O

hlm

an S

tree

t (I-

90 B

ypas

s)