50-Room Econo Lodge
New
For Sale
$2,350,000
1815 5th Ave, Belle Fourche, SD 57717
An on-site manager’s apartment accommodates resident oversight of hotel operations.
Property SizeContact for details
Days on Market1
Property Features for 1815 5th Ave
General Information
Standard status
Active
Property subtype
Hotel-Motel
Financials
Asking Price
$2,350,000
Cap Rate
8.4%
Amenities
Recipient of the Choice Gold Award
Less Than 30 Minutes from Black Hills National Forest
Extensive Renovations Including Hard-Surface Flooring, All New PTAC Units, and a New Roof in 2022
On-Site Manager's Apartment Ideal for an Owner-Operator or Resident Manager
RevPAR Upside Through Improved Occupancy, Rate Strategy, and Competitive Market Share
Building Details
Year Built
1998
Year Renovated
2022
Listed By:
Joseph Ferguson · License #License(s): MN: 40737246
(952) 852-9769
Source:
Marcusmillichap
Added: Oct 19
Last Checked: Oct 19 at 2:24PM
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 Joseph Ferguson
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Investment Insights
Based on property information with market context.
The 50-room Econo Lodge in Belle Fourche includes an apartment for an on-site manager. Built in 1998, the hotel has hard-surface flooring in place of carpeting, updated PTAC units, and a roof installed in 2022. The property received the Choice Gold Award.
At 1815 5th Ave in Belle Fourche, South Dakota, the hotel is less than 30 minutes from Black Hills National Forest. Its 2025 RevPAR index was 62.6; occupancy and average daily rate were below the competitive set.
At 1815 5th Ave in Belle Fourche, South Dakota, the hotel is less than 30 minutes from Black Hills National Forest. Its 2025 RevPAR index was 62.6; occupancy and average daily rate were below the competitive set.
Key Highlights
- 50‑room Econo Lodge hotel in Belle Fourche
- On‑site apartment for a manager
- Roof installed in 2022; all PTAC units replaced
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
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Business Placement
Demographics for 57717, SD
8,242
Population
3,832
Households
2.2
Avg Household Size
41
Median Age
19%
College-Educated
88%
High-School Grad
1,364.4 sq mi
ZIP Area
6
Density / Sq Mi
$71,326
Median Household Income
$39,197
Median Earnings
$937
Median Rent
$215,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - An on-site manager’s apartment accommodates resident oversight of hotel operations.
Where is this hotel located?
The property is located at 1815 5th Ave Belle Fourche, SD.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 50‑room Econo Lodge hotel in Belle Fourche; On‑site apartment for a manager; Roof installed in 2022; all PTAC units replaced
