Budget One Motel

309 8th Avenue Southeast, Watertown, SD, USA
Download Spec Sheet
  • Building Size: 12,512 sq. ft.
  • Lot Size: 1.07 acres
  • Sale Price: $920,000

Property Features

  • 40-room motel
  • Manager’s quarters: 2 bed/ 1 bath
  • Apartment: 3 bed/ 1 bath
  • Large storage area in back
  • Building size: 12,512 sq. ft.
  • Lot size: 1.07 acres (46,875 sq. ft.)
  • Annual occupancy: TBD
  • ADR: TBD
  • 2021 Projected Revenue: $315,000
  • Year built: 1948
  • Renovated: 2016
  • Ample surface parking available
  • All showings must be set up by broker

Pricing

  • List Price: $920,000
  • $23,000/per key
  • Price includes FF&E
  • 2021 Real Estate Taxes: $5,655
  • Financials available upon request

Location

  • Located near the intersection of Hwy 212 & Hwy 281
  • Area neighbors include: Super 8 By Wyndham, Walgreens, McDonald’s, Zesto

Property Broker