13315 S Highway 16 - Hospitality FOR SALE


Rapid City, SD 57702
$2,600,000 USD
605-863-1920
13315 S Highway 16, Rapid City, SD for Sale
$2,600,000 USD
Hospitality - FOR SALE
1/92
null | Request Cap Rate

13315 S Highway 16
Rapid City, SD 57702


HIGHLIGHTS

  • Investment
  • 18 cabins
  • Black Hills

OVERVIEW

Exceptional Investment Opportunity in the Heart of the Black Hills! Discover Hillside Country Cabins—a premier hospitality property featuring 17 charming rental cabins AND an executive custom-built log home, ideally situated just 6 miles from iconic Mount Rushmore and 12 miles from vibrant Rapid City and Hill City. This rare offering combines rustic charm with modern comfort and represents a turnkey investment with tremendous growth potential. Currently operating seasonally from early May through October, the property has shown consistent growth and presents a clear opportunity to extend operations into the shoulder seasons OR even year-round. With room to expand—both in terms of additional cabins and increasing rental rates, which haven’t been adjusted in three years—the upside for a new owner is significant. The current owners have spent the past thirteen years enhancing the property with thoughtful updates and improvements, laying the foundation for future success.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$304 USD /SF

# OF ROOMS

18

PRICE/ROOM

$144,444 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hillside Country Cabins

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.16 AC

LAND SF

224,700 SF

ZONING

SFR

APN/PARCEL ID

0013024

ASK ABOUT THIS PROPERTY

TJ WojtanowiczBlack Hills SD RealtyMore Info
605-863-1920

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TJ WojtanowiczBlack Hills SD RealtyMore Info
605-863-1920

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.