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Limited-Service Hotel with Apartment
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908 Madill St, Keystone, SD 57751

Hotel building with 37 rooms plus an apartment, set on a paved parking lot with 37 spaces.

Property SizeContact for details
Days on Market123

Property Features for 908 Madill St

General Information

Standard status Active
Property subtype Hospitality
Listing Agency: NAI Sioux Falls
Listed By: Dale Zomer · License #SD 16458
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 1:39PM

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 NAI Sioux Falls

Investment Insights

Based on property information with market context.

This limited-service hotel property includes a 15,858-square-foot building constructed in 1992. The offering features 37 rooms and one apartment. Outside, the site is improved with a paved parking lot providing 37 spaces.

The property is located on South Dakota Highway 40 in Keystone, about 30 minutes south of I-90 access. Area neighbors include Keystone Community Center and Library, Keystone Museum, Keystone Country Store, and Big Thunder Gold Mine.

Financial details are available upon request, with 2021 revenue reported at $540,000 and an indicated cap rate of 10%. As of August 2022, ADR was $120.65 with occupancy at 45%.

Key Highlights

  • Hotel building with 37 rooms plus 1 apartment
  • 15,858 SF building on 0.51 acres (22,216 SF) with a paved parking lot and 37 spaces
  • Built in 1992

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage Hair Salon Real Estate Agency Gym & Fitness Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 57751, SD

717
Population
450
Households
1.6
Avg Household Size
55
Median Age
44%
College-Educated
95%
High-School Grad
44.2 sq mi
ZIP Area
16
Density / Sq Mi
$100,714
Median Household Income
$38,654
Median Earnings
$660
Median Rent
$388,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Hotel building with 37 rooms plus an apartment, set on a paved parking lot with 37 spaces.
Where is this hotel located?
The property is located at 908 Madill St Keystone, SD.
What are key features of this property?
This property features: Hotel building with 37 rooms plus 1 apartment; 15,858 SF building on 0.51 acres (22,216 SF) with a paved parking lot and 37 spaces; Built in 1992
(605) 444-7117 Call to check price and availability
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