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    OFF-MARKET
    Commercial real estate

    7900 Stagestop Rd, Summerset, SD 57718-9135

    1.65 ac lot
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US79-0117349
    Property summary
    AI-generated overview

    This exceptional 55-key hotel, built in 2000, boasts 71,775 square feet on a 1.65-acre lot in Summerset, South Dakota. Located on I-90, it benefits from high visibility and proximity to major attractions like the Sturgis Motorcycle Rally and Mount Rushmore (35 miles). The property is in excellent condition and presents a significant branding opportunity. The asking price is $3,200,000, translating to $44.58 per square foot. The surrounding area exhibits strong growth potential, making this a turnkey operation ideal for investors seeking a profitable venture in the thriving Black Hills hospitality market. This single-building hotel offers a compelling investment opportunity due to its prime location, strong performance, and potential for future expansion. The hotel's strategic position between Sturgis and Rapid City ensures consistent occupancy, particularly during peak tourist seasons. The property's excellent condition minimizes immediate capital expenditure needs, allowing for a swift return on investment. This is a rare opportunity to acquire a well-established hotel in a rapidly growing region with significant upside potential.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 1.65 ac (71,874 SF)
    APN 0C.60.09
    UPID US79-0117349
    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
    Current use
    Occupant on record · Public records
    • StageStop Receptions Hotel & Motel Resort
    • Ramada Summerset / Rapid City West Wedding Service
    • Ramada by Wyndham Summerset Rapid City West Hotel & Motel
    • Summerset Hotel & Suites Hotel & Motel
    • ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Summerset Hospitality LLC · 3 yrs held
    Summerset Hospitality LLC
    since 2023
    2 recorded transactions
    2025
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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