Ron Bradeen - Commercial Real Estate Showcase

Ron Bradeen Property Listings
The Real Estate Center of Custer
14 W Mount Rushmore Rd
Custer, SD 57730

304 Cliff Street - Deadwood Gulch Gaming Resort

Deadwood, SD 57732-1398

Property Type:Hospitality Number of Rooms:87 Status:Existing Year Built:1999
Stories:- Building Size:31,853 SF Land Area:11.4 AC (496,584 SF)
For Sale Price:$7,600,000 Price/Room:$87,356 Cap Rate:-

Parking:4.45 Parking Spaces / 1,000 SF

Sale Notes:
Investment opportunity! Deadwood Gulch Gaming Resort is a full service resort including 24 hour casino, hotel, lounge, restaurant w/new convention center in Historic Deadwood, SD. It sits beside Whitewood Creek and on the Mickelson Trail (key in providing year round occupancy levels). The Hotel has 87 rooms (including 4 suites and 20 rare outside entrance rooms), a hot tub room, and an exercise room. The Casino has 121 gaming devices in 5 gaming rooms (approved for 150 devices). The casino owns their gaming devices (28 participation). The Gulch is ahead of their competitors with their player' s club cards having their gaming/point system fully automated which eliminates costly manual labor. A site plan has been approved that would add more gaming rooms and devices. Good consistent numbers.
Deadwood Gulch sits beside Whitewood Creek to the back and on the popular Michelson Trail to the front. There is over 11 acres with this offering.

The Real Estate Center of Custer
Ron Bradeen
(605) 673-2629

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