231 Winter St - Hospitality FOR SALE


Keystone, SD 57751
$3,400,000 USD
952-932-9987
231 Winter St, Keystone, SD for Sale
$3,400,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

231 Winter St
Keystone, SD 57751


HIGHLIGHTS

  • High traffic leisure market
  • Strong operating NOI as a percentage of top line revenues
  • South Dakota welcomed 14.9M visitors in 2024
  • 5 minute drive from Mount Rushmore National Memorial

OVERVIEW

Timm and Associates, Inc. is proud to exclusively present the Quality Inn of Keystone, SD—an exceptional investment opportunity in a premier leisure destination. This seasonal hotel is perfectly positioned to capitalize on the area's strong tourism market, offering an ideal prospect for an owner/operator. The property features an onsite manager's apartment for added convenience, along with recent capital improvements, including a new metal roof and updated Quality Inn signage. In 2024, South Dakota attracted 14.9 million visitors, driving $5.9 billion in tourism spending.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$125 USD /SF

# OF ROOMS

56

PRICE/ROOM

$60,714 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn Keystone Near Mount Rushmore

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2002

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

C2

APN/PARCEL ID

0056265

ASK ABOUT THIS PROPERTY

Greg TimmTimm & Associates, IncMore Info
952-932-9987

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Greg TimmTimm & Associates, IncMore Info
952-932-9987

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.