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920 S 3rd Ave
Clear Lake, SD 57226
Americas Best Value Inn & Suites Clear Lake · Hospitality Property For Sale
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28 Rooms
Property Facts
| Property Type | Hospitality | No. Rooms | 28 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1994/2006 |
| Lot Size | 1.14 AC | Parking Ratio | 5.08/1,000 SF |
| Building Size | 20,430 SF | Corridor | Interior |
| Zoning | C-1 - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.14 AC |
| Building Size | 20,430 SF |
| No. Rooms | 28 |
| No. Stories | 2 |
| Year Built/Renovated | 1994/2006 |
| Parking Ratio | 5.08/1,000 SF |
| Corridor | Interior |
| Zoning | C-1 - Commercial |
Amenities
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 920 S 3RD AVE , CLEAR LAKE, SD 57226
BACK ON MARKET! PRICE REDUCED! MOTIVATED SELLER! PROPERTY HIGHLIGHTS • Priced at Less than 2x GRRM Based on 2020 Sales • Absentee Managed by Owners Out of State • Managers Quarters On-Site • Very Limited Competition, Only Hotel in Town • Majority Business Derived from Repeat and Walk-In Business • Next Nearest Hotel 20 Miles Away • Over 25.2% CAP Rate Financing Available
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $98.00 | - |
| Guest Room | 26 | $82.00 | - |
Property Taxes
| Parcel Number | 3718 | Improvements Assessment | $463,800 |
| Land Assessment | $28,590 | Total Assessment | $492,390 |
Property Taxes
Parcel Number
3718
Land Assessment
$28,590
Improvements Assessment
$463,800
Total Assessment
$492,390
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