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Property profile & analytics
OFF-MARKET
Motels

107 Main St Bison, SD 57620-7143

4,752 SF 0.32 ac lot Built 1971
Individually Owned Free & Clear
Property ID
US79-0420758
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1971
Total area 4,752 SF
Lot 0.32 ac (13,939 SF)
APN 68-0201-007-0007-000-0-0-00000
UPID US79-0420758
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
DAN JACKSON
DAN JACKSON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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