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$ 2,490,000
Est. payment /mo
Active
702 Highway 16a Keystone, SD 57751
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 89368
Property Sub-Type Other
Property Description
LOCATION, LOCATION, LOCATION! Own the CLOSEST HOTEL to MOUNT RUSHMORE! Currently Super 8 by Wyndham! Lewis Realty proudly presents the closest hotel to Mount Rushmore National Memorial in the Beautiful Black Hills of South Dakota. This hospitality listing has three stories, 42 rooms, and services - including breakfast lounge area, ice machines, guest laundry, and currently unused pool building. Seller has done many upgrades over the past few years with new exterior carpet this year. Located right next to the bustling Keystone Strip Mall with coffee shops, restaurant/bars, and gift shops galore. This is the last year of the Wyndham Flag contract meaning it is wide open to decide if you'd like to pick a different flag or do your own BOUTIQUE HOTEL! 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. This section of Highway 16A has the HIGHEST TRAFFIC COUNT in the entire Black Hills during the summer tourist months and Keystone is the busiest summer tourist town in the Black Hills. Have a look at this one of a kind opportunity!
Location
State SD
County Pennington
Area Keystone
Listed by Lewis Realty