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101 Sodrac Dr North Sioux City, SD 57049

For Sale
$6,200,000

Hospitality property with 67 rooms, available for sale.

Property size:
38,166 SF

Property Features for 101 Sodrac Dr

General Information

Size
38,166 SF

Building Details

Year built
1999

Source: Dale Zomer Agent Dale Zomer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

67-Room Hospitality Property For Sale

This commercial property features 67 rooms and is situated on a 1.40-acre lot, equivalent to 60,984 square feet. The paved parking lot provides 67 spaces. The property is zoned for commercial use. Financial details are available upon request with a signed confidentiality agreement. The 2024 revenue was $1,959,315, with real estate taxes amounting to $24,661. Projected revenue for 2025 is $1,900,000. The property's cap rate is 9.68%, with a price per room of $89,500 and a price per square foot of $162.45. The Gross Rent Multiplier (GRM) is 3.00 times the 2024 figures. The Average Daily Rate (ADR) from January to July 2025 is $106.10, and the Revenue Per Available Room (REV PAR) for the same period is $63.82. The occupancy rate for 2025 is projected to be 60.15%.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hampton Inn North ... Hotel

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
North Sioux City
County
Union
State
South Dakota
Longitude
-96.5026944
Latitude
42.5241836

FAQs

What type of property is this?
Hotel - Hospitality property with 67 rooms, available for sale.
Where is this hotel located?
The property is located at 101 Sodrac Dr North Sioux City, SD.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: - High Cap Rate: 9.68%; - Strong 2024 Revenue: $1,959,315; - 67 Rooms
More about this property
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