Log In/Sign Up
Your email has been sent.
Ramada by Wyndham Sioux Falls Airport 1301 W Russell St 150 Room Hotel Sioux Falls, SD 57104 $22,576,949 CAD ($150,513 CAD/Room) 12% Cap Rate
Executive Summary
Price per Room: This price includes the restaurant, waterpark, casino, arcade, etc. - $110,000
Revenue PAR: $84.10 YTD
ADR: $142.23 YTD
Price/sq. ft.: $133.39
Real Estate Taxes: $172,061
Ramada Worldwide Inc - Franchise Agreement Expires 7-10-2034
# of Rooms: 150
Occupancy: 59.10% - STR - YTD
Year Built: 1962/1995
Boston’s Restaurant: ROI Hospitality Management Co.
Revenue PAR: $84.10 YTD
ADR: $142.23 YTD
Price/sq. ft.: $133.39
Real Estate Taxes: $172,061
Ramada Worldwide Inc - Franchise Agreement Expires 7-10-2034
# of Rooms: 150
Occupancy: 59.10% - STR - YTD
Year Built: 1962/1995
Boston’s Restaurant: ROI Hospitality Management Co.
Property Facts
| Price | $22,576,949 CAD | Lot Size | 7.03 AC |
| Price Per Room | $150,513 CAD | Building Size | 123,701 SF |
| Sale Type | Investment | No. Rooms | 150 |
| Cap Rate | 12% | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1962/2004 |
| Property Type | Hospitality | Parking Ratio | 2.72/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B | ||
| Zoning | FP;FP | ||
| Price | $22,576,949 CAD |
| Price Per Room | $150,513 CAD |
| Sale Type | Investment |
| Cap Rate | 12% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 7.03 AC |
| Building Size | 123,701 SF |
| No. Rooms | 150 |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2004 |
| Parking Ratio | 2.72/1,000 SF |
| Corridor | Interior |
| Zoning | FP;FP |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Shuttle Service
- On-Site Retail
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 50 | $452.91 CAD | - |
| Guest Room | 100 | $210.72 CAD | - |
1 1
Property Taxes
| Parcel Number | 24659 | Improvements Assessment | $12,359,625 CAD |
| Land Assessment | $1,343,808 CAD | Total Assessment | $13,703,433 CAD |
Property Taxes
Parcel Number
24659
Land Assessment
$1,343,808 CAD
Improvements Assessment
$12,359,625 CAD
Total Assessment
$13,703,433 CAD
-
Research In Progress - Research In Progress
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Research In Progress
Ramada by Wyndham Sioux Falls Airport | 1301 W Russell St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.