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    OFF-MARKET
    Motels

    24063 Highway 385, Hill City, SD 57745

    2,736 SF 5.06 ac lot
    Property ID
    US79-0487804
    Property summary
    AI-generated overview

    This exceptional turnkey hospitality business in Hill City, South Dakota, presents a rare investment opportunity. Located on a high-traffic section of Highway 16/385, this established resort boasts 11 charming cabins and a year-round coffee shop, ensuring consistent revenue streams. The property includes a spacious, two-story owner's residence (2,736 sq ft) featuring three bedrooms, three and a half bathrooms, an attached two-car garage/shop, and a bonus room. The property sits on 5.06 acres, providing ample space for expansion or future development. The business has operated successfully for decades, with a loyal customer base and a robust reservation system that will transfer to the new owner. The current owners are willing to provide training to ensure a smooth transition. Financials are available upon request with a signed Non-Disclosure Agreement. This property is zoned Highway Service, offering flexibility for various uses. The sale includes all existing reservations and advance deposits. This is an ideal opportunity for a family business, a residence with an income-generating component, or a straightforward investment property. The combination of established clientele, prime location, and substantial property size makes this a truly unique offering.

    Property profile
    Verified
    Property type Motels
    Total area 2,736 SF
    Lot 5.06 ac (220,414 SF)
    UPID US79-0487804
    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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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