For Sale Full Service Hotel - Sioux Falls Commercial...• Manager’s one bedroom apartment •...

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For Sale Full Service Hotel Reduced Price: $2,200,000 Property Features Full service hotel with restaurant, lounge & pool 109 rooms on two floors Manager’s one bedroom apartment Hotel lot size = 9.89 acres $500,000 PIP completed in 2013 Newly negotiated franchise agreement with Travelodge Only full-service hotel for 70 miles east or west Fully leased restaurant & lounge Pricing Reduced Price is $2,200,000 $20,183 per key 2015 Real Estate Taxes are $30,284 Financials available upon request Location Located on Interstate 90 Exit 43 Directly across the street from Worthington Event Center Travelodge Worthington 2015 N. Humiston Avenue, Worthington, MN Larry Hayden Broker Associate +1 605 444 7116 direct +1 605 929 7599 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. Gregg Brown +1 605 444 7103 direct +1 605 90600394 mobile [email protected]

Transcript of For Sale Full Service Hotel - Sioux Falls Commercial...• Manager’s one bedroom apartment •...

Page 1: For Sale Full Service Hotel - Sioux Falls Commercial...• Manager’s one bedroom apartment • Hotel lot size = 9.89 acres • $500,000 PIP completed in 2013 • Newly negotiated

For Sale

Full Service Hotel Reduced Price: $2,200,000

Property Features• Full service hotel with restaurant, lounge & pool• 109 rooms on two floors• Manager’s one bedroom apartment• Hotel lot size = 9.89 acres • $500,000 PIP completed in 2013• Newly negotiated franchise agreement with Travelodge• Only full-service hotel for 70 miles east or west• Fully leased restaurant & lounge

Pricing• Reduced Price is $2,200,000 • $20,183 per key• 2015 Real Estate Taxes are $30,284• Financials available upon request

Location• Located on Interstate 90 Exit 43• Directly across the street from Worthington Event Center

Travelodge Worthington 2015 N. Humiston Avenue, Worthington, MN

Larry HaydenBroker Associate+1 605 444 7116 direct+1 605 929 7599 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.

Gregg Brown+1 605 444 7103 direct+1 605 90600394 mobile [email protected]

Page 2: For Sale Full Service Hotel - Sioux Falls Commercial...• Manager’s one bedroom apartment • Hotel lot size = 9.89 acres • $500,000 PIP completed in 2013 • Newly negotiated

For Sale

Full Service Hotel

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

naisiouxfalls.com

Page 3: For Sale Full Service Hotel - Sioux Falls Commercial...• Manager’s one bedroom apartment • Hotel lot size = 9.89 acres • $500,000 PIP completed in 2013 • Newly negotiated

For Sale

Full Service Hotel

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

naisiouxfalls.com

Page 4: For Sale Full Service Hotel - Sioux Falls Commercial...• Manager’s one bedroom apartment • Hotel lot size = 9.89 acres • $500,000 PIP completed in 2013 • Newly negotiated

For Sale

Full Service Hotel

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

naisiouxfalls.com

61’

161’

153’

8’

60’

250’

239’

179’

36’

102’

98’22’

80’19’189’

Conference Room/Pool &

Restaurant20,931 SF

Hotel Rooms25,919 SF

N. H

umisto

n Ave. (H

wy 59)

Interstate 90

Parking Lot

Courtyard

Entrance

Page 5: For Sale Full Service Hotel - Sioux Falls Commercial...• Manager’s one bedroom apartment • Hotel lot size = 9.89 acres • $500,000 PIP completed in 2013 • Newly negotiated

Hotel Amenities• Restaurant & Lounge• Banquet & conference rooms• Indoor swimming pool & jacuzzi• Indoor corridors• Complimentary hot breakfast buffet• Wi-Fi through out • Fitness center

For Sale

Full Service Hotel &Conference Center

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

naisiouxfalls.com

SITE

Interstate 90

N.H

um

iston

Ave

Interstate 90

Oxford Steet

N. H

umisto

n Ave Hwy 5

9

Worthington, MN

WorthingtonEvent Center

Hotel Improvements• Roof replaced in 2013• New water heater• Flat screen TVs in all rooms

EXIT 43