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Browse More Listings in Hotel & Motel For Sale, Mitchell, SD or South Dakota

Hotel / Motel For Sale

Days Inn

1506 S Burr Street, Mitchell, SD 57301

Price:
$3,200,000
No. Rooms:
68
Building Size:
16,750 SF
Price/Room:
$47,058.82
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Cap Rate:
2.70%
Average Daily Rate:
$65
RevPAR:
$29
Average Occupancy:
52%
Find Out More...

Last Verified 10/30/2009 Listing ID 16040427

Description

2 story 68 unit with waterslide, hot tub, Jacuzzi suites, family suites

Just off I-90 at main exit into Mitchell, SD

Financial Summary

Actual
Net Operating Income
$384,000

Map of 1506 S Burr Street, Mitchell, SD 57301 (Davison County)

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Presented by

ACTION REALTY

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Contact Listing Broker

Charles Barker (605) 371-4650

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Created 12/30/2008

Additional Information for 1506 S Burr Street, Mitchell, SD 57301

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 1506 S Burr Street, Mitchell, SD 57301

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Quality Inn
$2,000,000

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Days Inn

1506 S Burr Street, Mitchell, SD, 57301