|Price/Rent PSF||$ 1,500,000.00|
|SQ. FT. Available||39,140|
Pierre is the state capital of South Dakota, and the county seat of Hughes County and is the eighth-largest city in South Dakota.
Econo Lodge is an interior corridor, 56 room, two story hotel with 10,000 SF of banquet/meeting space, located in Pierre, South Dakota. Constructed in 1972 and renovates several times, the hotel is located in the heart of Pierre, South Dakota's capitol. Pierre is the state capital of South Dakota, and the county seat of Hughes County and is the eighth-largest city in South Dakota.
The hotel was converted from Independent to Econo Lodge in 2015. Current ownership is absentee, they live out of state, 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.econolodgepierre.com
*Listed in Cooperation with SD Licensee, Jon Brue, Keller Williams Realty Black Hills