23204 Summer Creek Dr, Rapid City, SD 57702
The Summer Creek Inn, a premier hospitality property in Rapid City, South Dakota, presents a unique investment opportunity. This 9,863 square foot establishment, built in 2009, boasts 10 luxurious boutique suites, each featuring a private ensuite bathroom. Beyond the guest accommodations, the property includes a separate manager's apartment, providing convenient on-site management. The impressive event venue is perfect for weddings, corporate retreats, or other special occasions. The 1.84-acre lot showcases breathtaking natural beauty, including a captivating waterfall, meticulously landscaped gardens, and inviting starlit patios – ideal for creating unforgettable experiences. Two fully equipped commercial kitchens support both guest services and event catering needs. Strategically located in the heart of the Black Hills, the inn enjoys unparalleled access to major attractions such as Mount Rushmore, Crazy Horse Memorial, Hill City, Deadwood, and Custer State Park, ensuring a consistent stream of potential guests. The asking price is $3,700,000, translating to $375.14 per square foot. This exceptional property offers a blend of luxury accommodations, event capabilities, and prime location, making it an attractive investment in the thriving Black Hills tourism market. The property is situated at 23204 Summer Creek Drive, Rapid City, SD 57702, and is adjacent to Black Hills National Forest.
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Summer Creek Inn Bed & Breakfast Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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