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Riverdale Inn Hotel 314 4th St 8 Room Hotel Riverdale, ND 58565 $735,000 ($91,875/Room)
Investment Highlights
- Parking/Storage: 8-stall garage plus storage
- Full kitchens in guest units
- Near Lake Sakakawea
- Zoning: R-3
Executive Summary
At the heart of major Army corp of engineers projects!!At $735,000, the Riverdale Inn Hotel is a great deal. 8-room hospitality investment located at 314 4th St, Riverdale, ND 58565. The offering includes an approximately 5,595 SF building on a 0.29-acre site, improved with a 2-story, Class B hotel property currently marketed as an investment opportunity. The inn is positioned to capture demand tied to the projects at Garrison dam for the next 10 years -with suites marketed as having full kitchens and on-site laundry facilities, plus an 8-stall garage and a lower-level area described with office, lobby, 2 rooms for day to day operation and guest laundry room.
Property Facts
| Price | $735,000 | Lot Size | 0.29 AC |
| Price Per Room | $91,875 | Building Size | 5,595 SF |
| Sale Type | Investment | No. Rooms | 8 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1960 |
| Building Class | B | ||
| Zoning | R-3 - High Density Residential | ||
| Price | $735,000 |
| Price Per Room | $91,875 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 5,595 SF |
| No. Rooms | 8 |
| No. Stories | 3 |
| Year Built | 1960 |
| Zoning | R-3 - High Density Residential |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 8 | - | - |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 83-0001-00924-000 | Improvements Assessment | $64,550 |
| Land Assessment | $8,100 | Total Assessment | $72,650 |
Property Taxes
Parcel Number
83-0001-00924-000
Land Assessment
$8,100
Improvements Assessment
$64,550
Total Assessment
$72,650
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Riverdale Inn Hotel | 314 4th St
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