Howard Hotel & Conference Center

113 S. Main Street Howard, SD

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Sale Price: $2,500,000

Building Size: 29,470 sq. ft.

Total Available Space: 29,470 sq. ft.

Property Type: Business Opportunity | Hospitality

Year Built: 2011

Property Description

Property Features

  • 24 room hotel
  • Hotel size: 29,470 sq. ft.
    • First Floor: 16,314 sq. ft.
    • Second Floor: 13,156 sq. ft.
  • Hotel lot size: 33,542 sq. ft.
  • 34.4% annual occupancy
  • ADR $88.01
  • Rev Par: $30.26
  • Year built: 2011
  • Ample surface parking available
  • All showings must be set up by broker

Pricing

  • Price: $2,500,000 ($84.83/ sq. ft.)
  • 2017 Real Estate Taxes: $45,000
  • Financials available upon request

Location

  • Located 70 miles northwest of Sioux Falls, SD and 20 miles west of Madison, SD along Highway 34
  • Area neighbors include: Howard Elementary School, Rusty‚Äôs Store, Dakota Gas Propane

Brokers

Dale Zomer

Broker Associate

Office Phone: 605-444-7117

Dale Zomer joined NAI Sioux Falls in May of 2016 as a Broker Associate.  Dale brings 25 years experience of representing clients in the sale or purchase of income-producing properties.

View Dale's Profile