107 Main St Bison, SD 57620-7143
This meticulously maintained 11-unit motel in Bison, South Dakota presents a rare investment opportunity. The property boasts 8 double-bed rooms, 2 triple-bed rooms, and a spacious 6-bed suite, all featuring individual air conditioning units, well-maintained carpeting, and bathrooms with durable commercial-grade linoleum flooring. A comfortable communal area is available for guests to relax. The property also includes a fully renovated 3-bedroom, 1.5-bathroom manager's apartment in the basement. This apartment features granite countertops, stainless steel appliances, dark wood cabinets, a center island, and a spacious eat-in kitchen. Additional features in the manager's apartment include a formal dining area, an open living room, a half-bath with luxury vinyl plank flooring, and ample storage. The motel sits on a 0.25-acre lot and includes a lovely backyard patio with a barbecue grill and professionally landscaped grounds. High-speed internet is available throughout the property. The motel benefits from a lack of hospitality competition within a 45-mile radius, ensuring consistent bookings. Strong revenue is generated throughout the year, with high occupancy during the summer construction season and fall hunting season, further enhanced by a loyal base of repeat guests. This turnkey operation offers significant potential for continued growth and profitability. The asking price is $475,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.