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702 Highway 16AKeystone, SD 57751

Pennington County

$2,490,000List price
12 weeks agoOn market

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!

Property Information

Property type
Commercial Sale
Sub-type
Business
Days on market
85
MLS® Listing#
89368

Property Features

Listing Courtesy: Lewis Realty

Presented by: Faith Lewis

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