Sleep Inn Airport

1500 N. Kiwanis Avenue Sioux Falls, SD

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Sale Price: REDUCED: $1,975,000

Building Size: 27,944 sq. ft.

Total Available Space: 27,944 sq. ft.

Property Type: Hospitality

Year Built: 1994

Property Description

Property Features

  • 64 room hotel
  • Building size: 27,944 sq. ft.
  • Lot size: 1.51 acres (65,684 sq. ft.)
  • 54.69% annual occupancy
  • ADR $66.00
  • Year built: 1994
  • 75 surface parking spots
  • All showings must be set up by broker

Pricing

  • Price reduced: $1,975,000 ($30,859/ key)
  • Price includes FF&E
  • 2019 Real Estate Taxes: $32,349.14
  • 3 year avg. revenue: $800,345
  • Financials available upon request

Location

  • Located just east of the I-29 & Russell Street exit
  • Area neighbors include: Sonifi, Sanford Pentagon, Denny Sanford Premier Center, Sioux Falls Arena, Sioux Empire Fair Grounds, Sioux Falls Regional Airport

Brokers

Dale Zomer

Senior Vice President

Office Phone: (605) 444-7117

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

View Dale's Profile