Description

Hospitality Property for Sale – 92-Room Hotel This two-story hotel features 92 guest rooms, each averaging $57 per night, and offers a strong value-add opportunity for hospitality investors. Financials are available upon request with a signed Confidentiality Agreement (CA). The property has a projected 2025 revenue of $600,000, with a 3-year average Net Operating Income (NOI) of $255,411, highlighting consistent operational performance and solid income potential. Well-positioned for repositioning or continued operation, this hotel presents an attractive investment in the hospitality sector. Contact for further details and to request full financials with a signed CA.

Property Documents

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1309 S Ohlman St Mitchell Brochure.pdf

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Listing Details

  • Cap Rate

    13%

  • Space Type

    Hospitality

  • Sub Category

    Hotel

  • Sale Type

    Investment Sale

  • Date Listed

    7/11/2025

  • Parking Info

    3.34/1,000 SF

Property Specifics

  • Property Name

    Motel 6 Mitchell, SD | 1309 S Ohlman St

  • Property Class

    C

  • No of Buildings

    1

  • No of Stories

    2

  • Year Built

    1979

  • Building Size

    24,884 SF

  • Lot Size

    2.87 Ac

  • Year Renovated

    2016

  • Zoning

    13111 - Commercial

Property Amenities

Unit Amenities

Air Conditioning
Onsite Parking
Wi-Fi Access

Site Amenities

Restrooms

Location Amenities

Airport
Public Transportation