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Note
CROSSROADS HOTEL SOUTH DAKOTA
Listing was updated at: 11/27/2018
Property Overview
Price/Rent PSF $ 3,200,000.00
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 78,622
Date Available 11/27/2018
Additional URL Link
Floors 3
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Description

Location
LOCATED IN BEADLE COUNTY

Sale
Crossroads Hotel is an interior corridor, 100 room, three story hotel located in Huron, South Dakota. Constructed in 1987, the hotel is attached to the Huron Events and Convention Center which is attached to the Huron Arena.

The hotel has a full service restaurant called Ryan's Hangar Restaurant & Ace Lounge that is known for superior steaks, seafood and pastas. The restaurant is leased to a local restaurant owner and shares part of the utilities costs with the hotel. The Huron event center also shares the utility costs with the hotel. Current ownership is absentee and the property is being overseen by local managers in the city. This investment provides an owner operator the opportunity to purchase the hotel and increase NOI. More information on the hotel can be found on the following website: www.crossroadshotelhuron.com
*Listed in Cooperation with SD Licensee, Jon Brue, Keller Williams Realty Black Hills
(605) 343-7500

Location

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