for sale
Econo Lodge
920 14th St SE | Watertown, SD 57201
Investment Highlights
- 48 units, two-story, interior corridor
- Offered at $51,041/key
- Conveniently located near Interstate 29, a 1.5 hour drive to Sioux Falls
- Ideal for owner operator
- Located 9 minutes from Watertown’s Regional Airport
- Zoned C3 for versatile usage
Property Description
The Bowman Post Group of NewGen Advisory is delighted to present for sale the Econo Lodge – Watertown, SD, a promising investment opportunity located in the thriving community of Watertown, South Dakota. Featuring 48 well-maintained guest rooms with convenient interior corridors; offers an owner-operator an opportunity in seeking to capitalize on the region’s steady tourism and business traffic.
Strategically positioned just off Interstate 29, the Econo Lodge – Watertown, SD, benefits from excellent accessibility, making it a convenient stop for travelers. Watertown serves as a regional hub, offering a comfortable driving distance of approximately 1.5 hours to the bustling city of Sioux Falls, and within a 4-hour drive to the major metropolitan centers of Minneapolis and Omaha. This advantageous location ensures a consistent flow of guests, attracted by both the city’s amenities and its accessibility to larger markets.
Location Description
The Econo Lodge’s appeal is further enhanced by its proximity to a diverse array of local attractions. Guests will find themselves within easy reach of the popular Watertown Family Aquatic Center, a perfect destination for family fun during the summer months. The scenic Pelican Lake Recreation Area provides opportunities for outdoor enthusiasts, offering fishing, boating, and hiking.
Art and culture aficionados will appreciate the renowned Redlin Art Center, showcasing the captivating works of Terry Redlin. History buffs can explore the meticulously preserved Mellette House, offering a glimpse into South Dakota’s past. For family entertainment, the Bramble Park Zoo provides an engaging experience with a variety of animal exhibits.
Watertown offers a variety of dining, shopping, and entertainment venues, ensuring a comfortable and enjoyable stay for all visitors. This Econo Lodge provides a solid foundation for an owner operator to grow their business and capitalize on the steady tourism in the region.
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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Kevin Bleier
Associate
CA #02225168
(805) 500-2155
kbleier@newgenadv.com
Brendan “Mac” Bleier
Vice President
CA #02084909
(805) 557-8867
mac.bleier@newgenadv.com
BROKER OF RECORD
Patrick Green
HCBRE LLC
SD #10056