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Black Hills RV Resort Opportunity
For Sale
Contact for pricing
Pending

14240 Sturgis Rd, Piedmont, SD 57769

75+ unit RV resort in Black Hills of South Dakota.

Property SizeContact for details
Days on Market170

Property Features for 14240 Sturgis Rd

General Information

Standard status Pending
Class B
Property subtype Multifamily
Occupancy 50%
Investment Type Value Add

Building Details

Units 80
Listing Agency: Yale Realty & Capital Advisors
Listed By: Ken Schefler · License #20220208
Source: Crexi
Added: Mar 3 Changed: Aug 16 Last Checked: Aug 19 at 12:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Yale Realty & Capital Advisors

Investment Insights

Based on property information with market context.

This is an opportunity to acquire a 75+ unit RV resort in the Black Hills of South Dakota. The unit mix includes 50% RV sites, 30% electric tent sites, and 20% cabins. Amenities include a new pool and two bathhouses. There is an additional building that can be converted to a laundry facility. A large clubhouse is available for event space, along with a large bar on site. Both the clubhouse and bar draw traffic to the property and can be rented out to an operator. Approximately 10 electric-only sites can be converted to full hook-up with minimal work. The property is located in the Black Hills of South Dakota, near Mount Rushmore, Crazy Horse Memorial, and Devils Tower Monument, as well as several large state parks. The city of Sturgis, which hosts the annual Sturgis motorcycle rally drawing over 500,000 people in August, is nearby. Also close by is the city of Deadwood, known for its wild west history and gambling and nightlife tourist attractions.

Key Highlights

  • Seller financing available: 50% of purchase price at 4% interest only for 5 years.
  • Significant value‑add opportunity with potential for high cash‑on‑cash returns.
  • Located in the Black Hills of South Dakota, near Mount Rushmore and other attractions.

Property Analytics

Current Use

Mobile home & RV ...

Location Intelligence

Trade Area within ½ mile

Demographics for 57769, SD

4,458
Population
1,670
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
97%
High-School Grad
135.9 sq mi
ZIP Area
33
Density / Sq Mi
$91,284
Median Household Income
$51,690
Median Earnings
$1,030
Median Rent
$329,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - 75+ unit RV resort in Black Hills of South Dakota.
Where is this mobile home & rv park located?
The property is located at 14240 Sturgis Rd Piedmont, SD.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Seller financing available: 50% of purchase price at 4% interest only for 5 years.; Significant value‑add opportunity with potential for high cash‑on‑cash returns.; Located in the Black Hills of South Dakota, near Mount Rushmore and other attractions.
More about this property
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