920 14th St SE - Hospitality FOR SALE
Watertown, SD 57201 |
$2,450,000 USD
805-500-2155
920 14th St SE
Watertown, SD 57201
OVERVIEW
- 48 room hotel
?- Building size: 19,976 sq. ft. (two floors)?
- Lot size: 1.37 acres (60,012 sq. ft.)?
- Annual occupancy: 73.86%
?- ADR: $62.22
- PIP List: Nothing pending
- ?Year built: 1981
- Ample surface parking available
- Brand new Water heater system and 50% of the rooms have brand new HVAC units.
FOR SALE DETAILS
PRICE
$2,450,000 USD
PRICE/SF
$107 USD /SF
# OF ROOMS
48
PRICE/ROOM
$51,042 {currency}
CAP RATE
10.17%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Econo Lodge Watertown
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1983
PARKING SPACES
52
LAND DETAILS
LAND ACRES
1.38 AC
LAND SF
60,113 SF
ZONING
C3
APN/PARCEL ID
007011
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805-500-2155
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805-500-2155
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