The Dakota

3200 W Russell St, Sioux Falls, SD 57107

  • For Sale $5,500,000
  • Property Type Other
  • Property Size 54,722 SF
  • Units 98
  • Lot Size 4 Acre
  • Building Class C
  • Year Built 1975
  • Date Updated Jan 24, 2025
The Hotel is easily accessible from Interstate 29 and Russell Street.98 Guestrooms + Manager’s Apartment Price per key: $56,122 Revenue T12 June 2024: $1,377,953 Occupancy T12 June 2024: 70% ADR T12 June 2024: $53.92 NOI T12 June 2024: $274,033 Net Operating Percentage T12 June 2024: 19.9% Two-story, Interior Corridor Hilton, IHG, and other Brand Conversion Opportunity Discount to Replacement Cost Growing Population in an Expanding Market Co-listed with Avison Young
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 98 Guestrooms + Manager’s Apartment
  • Price per key: $56,122
  • Revenue T12 June 2024: $1,377,953
  • Occupancy T12 June 2024: 70%
  • ADR T12 June 2024: $53.92
  • NOI T12 June 2024: $274,033
  • Net Operating Percentage T12 June 2024: 19.9%
  • Two-story, Interior Corridor
  • Hilton, IHG, and other Brand Conversion Opportunity
  • Discount to Replacement Cost
  • Growing Population in an Expanding Market
  • Co-listed with Avison Young

Contacts

broker
Dale Zomer

NAI Sioux Falls

Location

Getting Around

  • Walk Score ®

    21/100 Car-Dependent

  • Transit Score ®

    16/100 Minimal Transit

  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Sioux Falls, SD
  • Neighborhood Knewel's
  • Zip Code 57107

Points of Interest

  • Best Taxi Service

    5.02 miles

  • BP

    0.15 miles

  • Cenex

    2.00 miles

  • Kum & Go

    2.23 miles

  • Flying J

    2.24 miles

  • Tesla Destination Charger

    2.50 miles

  • Caseys

    3.36 miles

  • Park & Trails

    0.63 miles

  • Park

    0.69 miles

  • Rental car return (south)

    1.99 miles

  • Economy Parking

    2.00 miles

  • Long-term Parking

    2.08 miles

  • Long term parking

    2.09 miles

  • Falls Park

    2.39 miles

  • Dakotah Lodge

    0.02 miles

  • AmericInn by Wyndham Sioux Falls North

    0.08 miles

  • Guesthouse Inn & Suites Sioux Falls

    0.14 miles

  • Motel 6 Sioux Falls

    0.19 miles

  • Best Western Plus Ramkota Hotel

    0.23 miles

  • Sleep Inn

    0.67 miles

  • Holiday Inn & Suites Sioux Falls - Airport

    0.78 miles

  • Super 8 Sioux Falls Near Convention Center

    1.18 miles

  • Ramada Sioux Falls Airport Hotel & Suites

    1.29 miles

  • Sioux Falls Inn

    1.32 miles

  • Frankie's Bar & Grill

    0.20 miles

  • Paavo's Pizza & Grill

    0.71 miles

  • Great Shots

    1.18 miles

  • Buffalo Wild Wings

    1.35 miles

  • Boonies Bar & BBQ

    1.42 miles

  • Blue Rock Bar & Grill

    1.51 miles

  • Casa Del Rey

    1.55 miles

  • KFC

    1.81 miles

  • Taco Bell

    1.83 miles

  • McDonald's

    1.85 miles

  • Southeast Technical College

    0.64 miles

  • New Technology High School

    0.67 miles

  • Jane Addams School

    0.87 miles

  • Career and Technical Education Academy

    0.96 miles

  • Jefferson High School

    1.05 miles

  • George McGovern Middle School

    1.71 miles

  • Axtell Park Junior High School

    1.88 miles

  • Hayward Elementary School

    2.02 miles

  • University of South Dakota - Sioux Falls

    2.04 miles

  • Hawthorne School

    2.09 miles

  • Bloom

    2.92 miles

  • Discovery Learning Center

    4.15 miles

  • Falls Learning Center

    4.53 miles

  • Kid's Corner Daycare

    6.68 miles

  • Honeybee Academy

    9.12 miles

Frequently Asked Questions

How much does The Dakota cost?

The space currently listed for sale at The Dakota asks for $5,500,000.

What is the total square footage of The Dakota?

The Dakota totals 54,722 square feet.

When was this property built?

The Dakota was built in 1975.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Dale Zomer

NAI Sioux Falls

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.