Services - Hotels & Other Lodging

Asking Price	$3,550,000	Inventory
Gross Income	$1,085,740	Real Estate
Cash Flow	Not Disclosed	Year Established	1976
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

This hotel is in a mature and competitive market in Eastern SD, however it has one of the best locations and brand appreciation. The hotel features both indoor and outdoor pools, a huge feature that keeps guest coming year after year. The summer months and fall months are very busy in this community of around 30,000 just an hour West of Sioux Falls. Expect this area to continue to grow rapidly as business learn about the benefits of conducting business in SD.

Facilities: This 106 unit hotel property features many extras you won't usually find in a limited service hotel. Including gambling games, liquor license, additional acreage for RV hookups and camper parking. Sits on over 7 acres off Interstate 90. Indoor and Outdoor pools.

Competition: The market has a lot of competition, but the hotels do well generally. This property has an A plus location with in the town. Mitchell is the last major stopping point for those traveling West on 90 for several hours.

Reason Selling: Retirement