Ramada by Wyndham

For Sale

1301 W. Russell Street, Sioux Falls, SD 57104

This Sioux Falls property for sale is located at 1301 W. Russell Street. The current listed sale price for Ramada by Wyndham is $16,500,000. Ramada by Wyndham is situated on a lot that is 5.75 acre in size.

Contacts

broker

Dale Zomer

NAI Sioux Falls

Property Details

  • Property Type Other
  • Property Size 123,702 SF
  • Units 150
  • Lot Size 5.75 Acre
  • Additional Rent Contact for pricing
  • Year Built 1962
  • Year Renovated 1995
  • Date Updated Nov 1, 2024
Located at the corner of Russell Street and West Avenue. East of the T. Denny Sanford PREMIER Center and south of the Sioux Falls AirportCap Rate: 12% 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.

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Highlights

  • Cap Rate: 12%
  • 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.

Attachments

Getting around

  • 52/100

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  • 21/100

    Transit Score ®

  • 43/100

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Location

  • City Sioux Falls, SD
  • Neighborhood Ramada Inn
  • Zip Code 57104

Points of Interest

  • Best Taxi Service

    3.80 miles

  • Kum & Go

    0.96 miles

  • BP

    1.42 miles

  • Caseys

    2.14 miles

  • Cenex

    2.25 miles

  • Casey's Gas Station and General Store

    2.46 miles

  • Tesla Destination Charger

    3.25 miles

  • Park

    0.90 miles

  • Park & Trails

    0.91 miles

  • Falls Park

    1.13 miles

  • Economy Parking

    1.24 miles

  • Rental car return (south)

    1.33 miles

  • Long-term Parking

    1.44 miles

  • Ramada Sioux Falls Airport Hotel & Suites

    0.01 miles

  • Super 8 Sioux Falls Near Convention Center

    0.16 miles

  • Sioux Falls Inn

    0.17 miles

  • Holiday Inn & Suites Sioux Falls - Airport

    0.52 miles

  • Sleep Inn

    0.74 miles

  • Historic Victorian Inn

    1.14 miles

  • Albert House

    1.22 miles

  • Holiday Inn Sioux Falls - City Center

    1.29 miles

  • Motel 6 Sioux Falls

    1.29 miles

  • Dakotah Lodge

    1.32 miles

  • Philippine Oriental Food Store

    0.71 miles

  • The Fruit Truck Market

    0.99 miles

  • Fair Market

    0.99 miles

  • Hy-Vee

    1.36 miles

  • Sunshine Foods

    1.82 miles

  • Co-Op Natural Foods

    1.88 miles

  • Campbell's

    3.15 miles

  • ALDI

    3.19 miles

  • Marshalls

    3.24 miles

  • Lasting Expressions Vinyl

    3.27 miles

In-Depth Research Available for this Property

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Contact Listing Broker

broker

Dale Zomer

NAI Sioux Falls