Microtel by Wyndham Hotels

2901 South Carolyn Avenue, Sioux Falls, SD, USA
Download Spec Sheet
  • Total Available Space: 25,802 sq. ft.
  • Building Size: 25,802 sq. ft.
  • Suite Size: 25,802 sq. ft.
  • Lot Size: 1.16 acres
  • Year Built: 1997
  • Sale Price: $3,300,000

Property Features

  • 68 room hotel
  • Building size: 25,802 sq. ft. on three levels
  • Lot size: 1.16 acres
  • 75.55% annual occupancy
  • ADR $72.16
  • Projected 2021 revenue: $1,200,000
  • Year built: 1997
  • 68 surface parking spots
  • All showings must be set up by broker
  • Must sign Confidentiality Agreement to view financials

Pricing

  • List price: $3,300,000 ($48,529/ key)
  • Price includes FF&E
  • 2020 Real Estate Taxes: $44,648
  • Financials available upon request

Location

  • Located just off 41st Street & I-229 – the main retail corridor in Sioux Falls, SD
  • Area neighbors include: Empire Mall, Wal-Mart, Home Depot, Microtel, My Place Hotel, Menards, Lake Lorraine

Property Broker