Dakotah Lodge

3200 W Russell Street Sioux Falls, SD

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Sale Price: $4,999,000

Building Size: 54,596 sq. ft.

Total Available Space: 54,596 sq. ft.

Property Type: Hospitality

Year Built: 1975

Property Description

Property Features

  • 98 room hotel, 1 apartment
  • Building size: 54,596 sq. ft. (two floors)
  • Lot size: 3.99 acres (174,183 sq. ft.)
  • 46.67% annual occupancy
  • ADR $88.30
  • Rev Par: $41.21
  • Year built: 1975
  • Indoor waterpark
  • Ample surface parking available
  • All showings must be set up by broker

Pricing

  • Price: $4,999,000 ($95.04/ sq. ft.)
  • $50,505/per key
  • Price includes FF&E
  • 2017 Real Estate Taxes: $54,705.82
  • Financials available upon request

Location

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

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