Listed by NAI Sioux Falls
$3,200,000
Valley Inn
Details
Property Type Hospitality
Sub Type Hotel
Square Footage 28,660
Keys 63
Cap Rate 10.00%
Occupancy 54.28%
Price per SqFt $112
Year Built 1984; 1994
Buildings 2
Acreage 0.800
Zoning Commercial
Parking Spaces 47 spaces
Parking Per SqFt 1.64
Hospitality | 63 Keys | $50,794/key
Marketing description
Located in central Sioux Falls, near Sanford Health main hospital. Neighbors include many Sanford entities and the University of Sioux Falls and Augustana University.
Investment highlights
- Zoning: Commercial
- 3 year average Cap Rate: 10%
- Lot Size: 0.80 AC
- 2 Buildings: Building #2 has elevator, Building #1 does not
- ADR: $89.99
- Number of Rooms: 63
- Number of parking spaces: 47
- GRM: 3.87X's
- REV PAR: $49.08
- Real Estate Taxes: $29,639.04
- Current Revenue January-June: $345,312
- 3 year average EBITDA: $321,000
- Building 1 built in 1984, Building 2 built in 1994
- 2024 Occupancy 54.28%
Listing Contacts
Listed by NAI Sioux Falls
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
