South Dakota / Aberdeen / 57401 / 500 6th Avenue Southwest

500 6th Avenue Southwest

Aberdeen, SD 57401

White House Inn and Storage Units

Listing ID: 301407

$2,200,000

For Sale

Property Type Specialty for Sale : Hotel/Motel/Resort
Lot Size Acres 3.660
Building Sq Ft 43,833
Building Price per Sq Ft $50.19
Land Sq Ft 159,429
Land Price per Sq Ft $13.80

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Property Highlights

• Zoning: Commercial

• Paved, on-site parking spots

Description

White House Inn Features: 96 room hotel with meeting room, Building size: 43,833 sq. ft., Year built: 1984

Storage Unit Features: Year built: 1998, 66 units, 15’x10’ & 15’x30’ units, All cement, No electric, 2021 Storage Unit Revenue: $36,000, 2021 ADR: $58.48, 2021 Revenue Combined: $612,131, Cap rate: 13%

Attachments & Files

white-house-inn---new-layout-GR0-541.pdf

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Listing Demographics for 500 6th Avenue Southwest Aberdeen, SD 57401

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		8,312	24,972	30,000
Population Median Age		34	39	39
Population by Age	0-9 Yrs	1250 (15%)	2933 (11%)	3721 (12%)
	10-19 Yrs	1114 (13%)	3243 (12%)	3930 (13%)
	20-29 Yrs	1561 (18%)	4160 (16%)	4763 (15%)
	30-39 Yrs	1412 (16%)	3315 (13%)	3917 (13%)
	40-49 Yrs	888 (10%)	2485 (9%)	3012 (10%)
	50-59 Yrs	742 (8%)	2806 (11%)	3382 (11%)
	60-69 Yrs	711 (8%)	3143 (12%)	3824 (12%)
	70+ Yrs	634 (7%)	2887 (11%)	3451 (11%)

Median HH Income		$46,624	$55,740	$58,235
Total Household Income	< 24K	989 (27%)	2219 (20%)	2483 (19%)
	25-49K	929 (25%)	2663 (24%)	2989 (23%)
	50-74K	795 (22%)	2154 (19%)	2500 (19%)
	75-99K	352 (9%)	1473 (13%)	1844 (14%)
	100-199K	532 (14%)	1893 (17%)	2380 (18%)
	200K+	17 (0%)	439 (4%)	601 (4%)

Highest Education Level	No Diploma	234	1228	1347
	Diploma or GED	1614	5039	5815
	Some College	920	3020	3821
	Assoc. Degree	697	1812	2196
	Bachelors Degree	1136	3538	4406
	Higher Degree	378	1784	2128

Total Housing Units		4,128	12,023	14,048
--Owner-Occupied		1,957	6,363	7,754
--Renter-Occupied		1,656	4,478	5,043
Owner-Occupied Values	< 100K	679	1283	1435
	100-199K	994	2889	3260
	200-299K	231	1401	1729
	300-399K	28	481	719
	400-499K	2	229	366
	500K+	24	82	246

Total Working Age Population		6,458	20,309	24,103
In Work Force		4,848	14,071	16,772
Not In Work Force		1,610	6,238	7,331
Workforce Employed		4,695	13,626	16,295
Workforce Unemployed		137	413	445
Civlian Workforce		4,832	14,038	16,739
Military Workforce		16	33	33

Total Households		3,613	10,841	12,797
Family Households		1,693	5,862	7,182
Non-Family Households		1,921	4,979	5,615
Married Couple		1,051	4,283	5,526
Other Family		641	1,579	1,656
Married w/Child		481	1,627	2,243
Single Male w/Child		147	213	240
Single Female w/Child		205	598	613

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
South Dakota	754,844	+8	814,180	+9	889,447	+7	951,885
Brown County	35,460	+3	36,531	+3	37,656	+1	38,155

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

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121 1st Street North, Rutland, ND	CALL	13720	-
104 Okobojo Lane, Pierre, SD	$289,000	1892	3.37
32 4th Avenue North, Casselton, ND	$550,000	1000	1.67
35451 253rd Street, Kimball, SD	$2,750,000	36960	31.82
3120 25th Street South, Fargo, ND	$347,000	2000	1
1301 West Russell Street, Sioux Falls, SD	$18,000,000	123702	7.03
27865 317th Avenue, Winner, SD	$250,000	130680	10
817 Main Street, Burke, SD	$450,000	3600	0.33

Closest Commercial Airports

Airport	Distance (mi)
Sioux Gateway Airport / Brigadier General Bud Day Field (SUX)	236
Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP)	260
Range Regional Airport (HIB)	300