Rare opportunity to acquire one of South Dakota's most profitable independent boutique hotels. Located on 5.5 private acres along Highway 385 in Custer, SD, this 64-room luxury property is the closest hotel to the iconic Crazy Horse Memorial and minutes from Mount Rushmore, Custer State Park, and the full breadth of Black Hills attractions. Non-franchised and fully independent, this is a business with no brand fees, no mandatory PIPs, and complete owner control.
A true turnkey operation, the property has seen over $2 million in capital improvements over the past 11 years, including new roofs on all buildings, updated HVAC units, refreshed bathrooms, resurfaced parking and sports courts, new commercial laundry facilities, enhanced internet infrastructure, and full guestroom furnishing upgrades. Amenities include a stunning indoor heated pool, fenced outdoor pool, pickleball and basketball courts, multiple guest patios, free laundry, and two EV charging stations. A private 3,000 sq ft, 3-bed/2-bath owner's quarters is included on site.
The Black Hills remains one of the Midwest's most resilient tourism markets, and the timing for this acquisition is exceptional: fireworks return to Mount Rushmore for the first time since 2009 to celebrate the nation's 250th anniversary in 2026, expected to be the region's largest tourism event in a generation. The property is staffed, systematized, and fully operational with documented procedures, modern PMS, and integrated OTA distribution — suitable for owner-operators and qualified investors alike. Full financials and offering materials available upon NDA execution.