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Motel 6 Mitchell, SD 1309 S Ohlman St 92 Room Hotel Mitchell, SD 57301 $1,600,000 ($17,391/Room) 14% Cap Rate
Investment Highlights
- Financials available upon request with signed CA (attached)
- Projected 2025 Revenue: $600,000
- 3 year Average NOI: $255,411
Property Facts
| Price | $1,600,000 | Lot Size | 2.87 AC |
| Price Per Room | $17,391 | Building Size | 24,884 SF |
| Sale Type | Investment | No. Rooms | 92 |
| Cap Rate | 14% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1979/2016 |
| Property Subtype | Hotel | Parking Ratio | 3.34/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | 13111 - Commercial | ||
| Price | $1,600,000 |
| Price Per Room | $17,391 |
| Sale Type | Investment |
| Cap Rate | 14% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.87 AC |
| Building Size | 24,884 SF |
| No. Rooms | 92 |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2016 |
| Parking Ratio | 3.34/1,000 SF |
| Corridor | Exterior |
| Zoning | 13111 - Commercial |
Amenities
- Pool
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 92 | $57.00 | - |
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Property Taxes
| Parcel Number | 15800-02900-104-00 | Improvements Assessment | $876,579 |
| Land Assessment | $162,500 | Total Assessment | $1,039,079 |
Property Taxes
Parcel Number
15800-02900-104-00
Land Assessment
$162,500
Improvements Assessment
$876,579
Total Assessment
$1,039,079
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Motel 6 Mitchell, SD | 1309 S Ohlman St
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