White House Inn & Storage Units

500 6th Avenue Southwest, Aberdeen, SD
Download Spec Sheet
  • Building Size: 43,833 sq. ft.
  • Suite Size: 15'x10' & 15'x30' Storage Units
  • Lot Size: 159,429.60
  • Year Built: Hotel: 1984/Storage Units: 1998
  • Sale Price: $2,200,000
Confidentiality Agreement

Please sign confidentiality agreement for financials email to dzomer@naisiouxfalls.com.

Property Features

  • Lot size: 3.66 acres
  • Zoning: Commercial
  • Paved, on-site parking spots
  • White House Inn Features
  • 96 room hotel with meeting room
  • Building size: 43,833 sq. ft.
  • Year built: 1984
  • Storage Unit Features
  • Year built: 1998
  • 66 units
  • 15’x10’ & 15’x30’ units
  • All cement
  • No electric
  • 2021 Storage Unit Revenue: $36,000
  • 2021 ADR: $58.48
  • 2021 Revenue Combined: $612,131
  • Cap rate: 13%

Pricing

  • Price: $2,200,000 ($22,916.67/ key)
  • 2021 Real Estate Taxes: $27,050
  • Financials available upon request – Complete Confidentiality Agreement for release of financials

Location

  • Conveniently located along Highway 12, just west of Highway 281
  • Population: 27,660
  • Area neighbors include: FedEx Ship Center, United States Postal Service, NAPA Auto Parts, Lewis Family Drug, Cenex, Family Dollar

Property Broker