702 Highway 16a $3,420,000

Lot Size
.5 - 1
Lot Acres
0.65
Year Built
1991
Heat
MiniSplit
Garage Type
Common,Paved
SUPER 8 BY WYNDHAM KEYSTONE/MT RUSHMORE. Proudly Presenting the closest Hotel to Mt Rushmore National Memorial in the Beautiful Black Hills of South Dakota! First time offered for sale since these owner bought It in 2007. This Hospitality listing has three stories, currently 42 rooms, and offers services including breakfast/lounge area, ice, vending machines and laundry. Lots of upgrades over the last couple of years – see property information packet for a list of them. In spite of not having enough employees to run at full capacity in 2021 They still had their highest yearly revenue thanks to the raised ADR. The Pool/Hot tub area is not currently in use. Could be re-instated as such or better use might be to convert it into 3 or 4 more rooms for additional revenue. Could not be replaced at this price. This section of Hwy 16A has the highest traffic count in the whole Black Hills during the summer tourist season and Keystone is the busiest summer tourist town in the Black Hills. One of a kind opportunity! Could not be replaced near this price. lot value between 1.5 and 1.9 mil and rooms 100,000 - 110,000 value new build. 5.7 Mil to 6.5 Mil to replace.
Interior Amenities
Security Amenities
Community Amenities
Cash,New Loan
Virtual Tour
702 Highway 16a
Keystone, South Dakota 57751
Region: Keystone
Sale Type: For Sale
Ref #: 70365
Last Updated: Tuesday, 25 January 2022 22:33
Category: Commercial
4 Hits
Listed by Faith Lewis - Lewis Realty/Keller Williams Realty Black Hills on Saturday, 13 November 2021 [For Sale]
Lot Size
.5 - 1
Lot Acres
0.65
Lot Type
Other
Heat
MiniSplit
Cooling
MiniSplit
Year Built
1991
School District
No
Style
Hotel/Motel
Garage Type
Common,Paved
Virtual Tour
702 Highway 16a
Keystone, South Dakota 57751
Region: Keystone
Sale Type: For Sale
Ref #: 70365
Last Updated: Tuesday, 25 January 2022 22:33
Category: Commercial
4 Hits
Listed by Faith Lewis - Lewis Realty/Keller Williams Realty Black Hills on Saturday, 13 November 2021 [For Sale]

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Virtual Tour
702 Highway 16a
Keystone, South Dakota 57751
Region: Keystone
Sale Type: For Sale
Ref #: 70365
Last Updated: Tuesday, 25 January 2022 22:33
Category: Commercial
4 Hits
Listed by Faith Lewis - Lewis Realty/Keller Williams Realty Black Hills on Saturday, 13 November 2021 [For Sale]

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Virtual Tour
702 Highway 16a
Keystone, South Dakota 57751
Region: Keystone
Sale Type: For Sale
Ref #: 70365
Last Updated: Tuesday, 25 January 2022 22:33
Category: Commercial
4 Hits
Listed by Faith Lewis - Lewis Realty/Keller Williams Realty Black Hills on Saturday, 13 November 2021 [For Sale]