Ramada by Wyndham

1301 W. Russell Street, Sioux Falls, SD 57104

  • For Sale $16,500,000
  • 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 Dec 11, 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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Attachments

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.

Contacts

broker
Dale Zomer

NAI Sioux Falls

Location

Getting Around

  • Walk Score ®

    52/100 Somewhat Walkable

  • Transit Score ®

    21/100 Minimal Transit

  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Casa Del Rey

    0.30 miles

  • Buffalo Wild Wings

    0.32 miles

  • Boonies Bar & BBQ

    0.40 miles

  • Burger King

    0.70 miles

  • Szechwan

    1.01 miles

  • Bread & Circus Sandwich Kitchen

    1.06 miles

  • Luciano's North

    1.16 miles

  • Grille 100 / Verde Lounge

    1.29 miles

  • The Market

    1.29 miles

  • Five Guys

    1.30 miles

  • Jane Addams School

    0.76 miles

  • Hawthorne School

    0.82 miles

  • Axtell Park Junior High School

    0.98 miles

  • Bowden Youth Center

    1.37 miles

  • Garfield Elementary School

    1.66 miles

  • Whittier Junior High School

    1.72 miles

  • Lowell Elementary School

    1.81 miles

  • Southeast Technical College

    1.82 miles

  • Franklin School

    1.83 miles

  • New Technology High School

    1.87 miles

  • Bloom

    2.22 miles

  • Falls Learning Center

    3.66 miles

  • Discovery Learning Center

    4.27 miles

  • Kid's Corner Daycare

    5.64 miles

  • Honeybee Academy

    8.15 miles

Frequently Asked Questions

How much does Ramada by Wyndham cost?

The space currently listed for sale at Ramada by Wyndham asks for $16,500,000.

What is the total square footage of Ramada by Wyndham?

Ramada by Wyndham totals 123,702 square feet.

When was this property built?

Ramada by Wyndham was built in 1962.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Dale Zomer

NAI Sioux Falls