1901 9th Ave SW
Watertown, SD 57201
AmericInn by Wyndham Watertown · Hospitality Property For Sale · 126,616 SF

*Offered at 2.3x Room Revenue *Generating in Excess of $1,600,000 in Room Revenue * Eye Catching Curb Appeal and Ideal Location Directly off of Highway 212 and Adjacent to the Watertown Convention Center * Considerable Recent Renovations Including the Lobby, Guest Bathrooms and Four New Water Heaters * Priced Well Below Replacement Cost at Only $36,634 Per Room * Unencumbered by Franchise, Bring in Your Own Desired Flag or Keep Independent * South Dakota Broker of Record is Gil Raben Marcus & Millichap is proud to have been chosen as exclusive advisor and broker in regards to the marketing effort of the 101 room Ramkota Hotel Watertown. The hotel features all concrete build, fitness and business centers, indoor pool with children's water features, expanded children's games area, whirlpool, complimentary refrigeration space for hunters and fishermen, ample free parking for cars, boats and large vehicles, and 100 percent non-smoking environment. Each guestroom features a flat-screen TV, high speed internet, in-room coffee, iron and full size board, hair dryer, voice mail and dataport, and updated bathrooms featuring granite vanities. The hotel boasts a prime location directly off of Highway 212 and adjacent to the 32,000-square foot Watertown Event Center including the 284-seat Heritage Theater. The award-winning Minerva's Restaurant & Bar is onsite and operated by a third party operator so the hotel owner does not have any F&B obligations. Watertown serves as the county seat of Codington County and has a population of over 21,000 residents making it the fourth largest city in the state of South Dakota. It is connected to three major thoroughfares: Highway 81, Highway 212, and Interstate 29. The city's residents, at a median age of 36.4, are very close to the state median age of 36.6 years, and enjoy a low unemployment rate of 2.6 percent, and a job growth of 2.57 percent.