1221 S Burr St Mitchell, SD
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Sale Price: $2,600,000
Building Size: 29,571 sq. ft.
Total Available Space: 29,571 sq. ft.
Year Built: 1994
- 29,571 total building sq. ft.
- 59 rooms on two levels
- Hotel lot size = 2.53 acres (110,357 sq. ft.)
- 50.51% average daily occupancy
- ADR averages $74.92 for the year
- $250,000 PIP completed in 2017
- Annual Rev Par is $40.66
- Property built in 1994
- Surface parking with approximately 75 spaces
- RV & truck parking
- Pool & hot tub
- List Price is $2,600,000 ($69.66/sq. ft.)
- $44,067.79 per key
- 2016 Real Estate Taxes are $28,260.76
- Financials available upon request
- Located just north of 1-90 on Burr Street
- 1.2 miles from Mitchell Technical Institute
- Area neighbors include: Campbell’s Supply, Jimmy Johns, Perkins, McDonald’s, Pizza Ranch