Hotels for Sale

Motel 6 Sioux Falls, SD

Address:
Sioux Falls, South Dakota
Description:

UNDER CONTRACT

  • Fee simple interest in the institutionally owned and operated 87-room Motel 6 Sioux Falls, SD priced at a substantial discount to replacement cost
  • Approximately $535,000 ($6,150/key) of renovation investment already spent in recent years, the bulk of which was completed in 2015
  • Offered unencumbered of management and the Motel 6 flag with several rebranding options available
  • Strong operational upside with asset transitioning out of corporate management structure to a more traditional owner / operator model
  • Ideally situated proximate to major thoroughfare I-29 at the Maple / Russell Street intersection, just minutes from the Sioux Falls Regional Airport
  • Convenient to all regional demand drivers including the Sioux Falls Convention Center, Denny Sanford Premier Center, Sanford Health and Avera Health major medical facilities, the Great Plains Zoo, and Falls Park
  • Sioux Falls is one of the 50th fastest-growing cities in the country and is expected to add up to another 54,000 residents in the coming years

Listing Agents 

Adam Montufar
T: 515.446.4181
Email

Subu Thiagarajan
T: 510.205.7931
Email
DRE #01891134

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