5Th St Murdo, SD 57559
- Hospitality properties
- 7,126 SF
Current Use by Public Records
- Hospitality properties
Property Details for 0 5Th St
- Year built
- 1950
- Property size
- 7,126 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This exceptional investment opportunity presents a 32-room motel in Murdo, South Dakota, ideally situated at 105 E 5th St, zip code 57559. The property, built in 1950 and renovated in 2018, sits on a substantial 32,234 square foot lot and comprises three buildings totaling 7,126 square feet. The motel features 32 keys, offering ample accommodation for guests. The asking price is $349,000, translating to $48.98 per square foot and $10,906.25 per bed. The property includes an office, basement storage, and manager's quarters, enhancing operational efficiency and convenience. Located in Jones County, this single-story motel presents a strong potential for return on investment, given its established presence and recent renovations. The property is offered with 100% ownership. This is a rare chance to acquire a well-maintained, income-generating asset in a desirable location. Seller financing with favorable rates is available. This turnkey operation is ready for a new owner to continue its success. The motel's prime location and established reputation within the Murdo hospitality market make it a compelling investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Murdo
- County
- Jones
- State
- South Dakota
- Longitude
- -100.71
- Latitude
- 43.8866
