800 Mammoth St - Hospitality FOR SALE


Hot Springs, SD 57747
$2,900,000 USD
307-686-9500
800 Mammoth St, Hot Springs, SD for Sale
$2,900,000 USD
Hospitality - FOR SALE
1/27
null | Request Cap Rate

800 Mammoth St
Hot Springs, SD 57747


HIGHLIGHTS

  • 47 Rooms plus Managers Quarters
  • Strategic Southern Black Hills Tourism Location

OVERVIEW

Positioned in the scenic Southern Black Hills of South Dakota, the Super 8 Hot Springs presents investors with the opportunity to acquire a well-recognized hospitality asset in one of the region’s most unique tourism and recreation-driven markets. Located near major Black Hills travel corridors, the property benefits from consistent seasonal tourism, outdoor recreation demand, and regional traveler traffic throughout the year. Hot Springs serves as a gateway to some of the most visited attractions in western South Dakota, including Wind Cave National Park, Custer State Park, Mount Rushmore National Memorial, and the greater Black Hills tourism corridor. The area attracts visitors seeking hiking, camping, boating, fishing, wildlife viewing, hunting, and scenic recreation, creating strong lodging demand during peak travel seasons. The market is also supported by several long standing destination attractions unique to Hot Springs, including The Mammoth Site, an internationally recognized active paleontological dig and museum, as well as Evans Plunge Mineral Springs, one of South Dakota’s historic tourism destinations known for its naturally warm mineral waters. These attractions help drive consistent visitor traffic and reinforce Hot Springs’ reputation as both a tourism and wellness destination. In addition to leisure travel, the local economy benefits from stable year-round demand generated by healthcare, government services, and the VA Black Hills Health Care System campus, which contributes to the area’s employment base and regional visitation. Operating under the globally recognized Super 8 flag, the property is strategically positioned to capture a broad range of travelers including tourists, outdoor recreation visitors, road trippers, regional workers, and value-conscious guests traveling throughout the Black Hills region. With its combination of tourism exposure, recognizable branding, strategic location within the Southern Black Hills, and access to multiple year-round demand generators, the Super 8 Hot Springs offers investors the opportunity to acquire a lodging asset in one of western South Dakota’s most established recreation and tourism markets.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$115 USD /SF

# OF ROOMS

47

PRICE/ROOM

$61,702 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 Hot Springs

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

112

LAND DETAILS

LAND ACRES

1.98 AC

LAND SF

86,249 SF

ZONING

C

APN/PARCEL ID

75100-00500-001-00

ASK ABOUT THIS PROPERTY

Pat GreenHCBRE, LLCMore Info
307-686-9500

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

Pat GreenHCBRE, LLCMore Info
307-686-9500

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