Short Term Rental

Hot Springs, SD Short Term Rental Properties for Sale

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Custer, SD Buffalo Gap, SD Edgemont, SD Oelrichs, SD Fairburn, SD
Multi-Use Hospitality Resort & Event Center
Updated: Feb 3
Multi-Use Hospitality Resort & Event Center

603 N River Street, Hot Springs, SD 57747

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32,576 sqft
Red Rock River Resort (603 N River St, Hot Springs, SD) built in 1890 with multi‑use hospitality setup
11 short‑term rental accommodations, including a 2‑bedroom apartment, plus a full kitchen and dedicated dining room
Event center capacity up to 250 guests, suited for weddings, corporate events, reunions, and private functions
Event center includes three attached bedrooms to support event‑weekend lodging packages
On‑site spa and wellness area with a hot sand room, granite room, hot soaking tub room, and massage rooms
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hot Springs, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Furnished Triplex with Separate Entrances
Furnished Triplex with Separate Entrances

112 E 11th, Alliance, NE 69301

$325,500
2,120 sqft 0.08 AC lot

Renovated, fully furnished tri-unit property offering three income-ready suites with private entrances.

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Six-Unit Apartment Building
Six-Unit Apartment Building

2510 EVANS AVE, Cheyenne, WY 82001

$510,000
3,864 sqft 0.09 AC lot

Six-unit apartment building offered for sale, with some units used as short-term rentals for flexible income strategies.

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Mixed-Use Income Multi-Unit Property
Mixed-Use Income Multi-Unit Property

100 E 28TH ST, Cheyenne, WY 82001

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3,362 sqft

Flexible multi-dwelling setup with a converted carriage house and existing monthly income potential in a mixed-use zone.

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Turnkey Tri-Unit Income Property
Turnkey Tri-Unit Income Property

112 E 11th, Alliance, NE 69301

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3,500 sqft

Fully furnished, renovated tri-unit property with three suites, each featuring a private entrance.

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Hot Springs, SD Short Term Rental Properties Market Trends and Statistics

Explore 1 short term rental properties for sale in Hot Springs, SD on our real estate platform. These investment opportunities span a total of 32,576 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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Demographics Overview

Population 5,889
Population Growth (5Y) -0.4%
Median Household Income $64,023
College Educated 32.2%

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $92.35 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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