Hotels /SD /Pennington County /Keystone /702 Highway 16a
Hotels /SD /Pennington County /Keystone /702 Highway 16a

702 Highway 16a - Hospitality FOR SALE


Keystone, SD 57751 | 
$2,490,000 USD
605-863-0725
702 Highway 16a, Keystone, SD for Sale
$2,490,000 USD
Hospitality - FOR SALE
1/23
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702 Highway 16a
Keystone, SD 57751

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HIGHLIGHTS

  • CLOSEST HOTEL to Mt. Rushmore (2.6 miles)
  • Turnkey
  • Tons of upgrades in last 5 years
  • 42 rooms
  • Full service - including breakfast lounge area, ice machines, guest laundry, and currently unused pool building
  • Priced well below replacement cost at under 60,000 per key

OVERVIEW

It is priced well below replacement cost at under 60,000 per key. It is being sold as an asset purchase as current financials do not reflect what the property can do due to extenuating circumstances of the seller. Do your own math and make this your own!

FOR SALE DETAILS

PRICE

$2,490,000 USD

PRICE/SF

$136 USD /SF

# OF ROOMS

42

PRICE/ROOM

$59,286 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Keystone/Mt Rushmore

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1991

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

H-1

APN/PARCEL ID

0043335

ASK ABOUT THIS PROPERTY

Faith LewisLewis RealtyMore Info
605-863-0725

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Faith LewisLewis RealtyMore Info
605-863-0725

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

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