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Valley Inn
1000 S Grange Ave, Sioux Falls, SD 57104
Available Now
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FOR SALEHospitality / Hotel
Cap Rate
10%
Building Size
28,660SF
Parking Info
47 Spaces
Lot Size
0.8Ac
Year Built
1984
Year Renovated
1994
Listing Contacts
More property details
Zoning
Commercial
Occupancy
54%
Currently Leased
No
No of Buildings
2
Location
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Valley Inn
About the location
Located in central Sioux Falls near Sanford Health’s main hospital, this property is surrounded by Sanford entities, the University of Sioux Falls, and Augustana University. The commercial-zoned site sits on 0.80 acres and includes two buildings—Building #2 with an elevator and Building #1 without—offering 63 rooms and 47 parking spaces. Key investment highlights include a 3-year average cap rate of 10%, ADR of $89.99, REV PAR of $49.08, GRM of 3.87X, and 3-year average EBITDA of $321,000. Current revenue from January–June totals $345,312, with 2024 occupancy at 54.28%. Building 1 was constructed in 1984 and Building 2 in 1994, with annual real estate taxes of $29,639.04.