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Browse More Listings in Hotel & Motel For Sale, Hot Springs, SD or South Dakota

Hotel / Motel For Sale

Riverside Inn

646 S. 5th Street, Hot Springs, SD 57747

Price:
$362,000
No. Rooms:
20
Building Size:
5,039 SF
Price/Room:
$18,100
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Commission Split:
3%
No. Stories:
1
Year Built:
1963
Corridor:
Yes
Lot Size:
0.50 AC
Find Out More...

Last Verified 10/23/2009 Listing ID 15915163

Highlights

Courtyard with lawn furniture.
Great location. The Fall River and walking path across the street.
Many new updates in 2005

Business, land, furniture and fixtures included.
Financials available upon request and confidentiality agreement.
Training included.

Description

Established motel with 20 units, office, breakfast room, laundry, manager qtrs. Brick fireplace in main office. Fresh paint and exterior awnings. All updated furniture and beds. Each unit has microwave, fridge, coffee pot, TV. Reasonable rates.

Located along main entrance to Hot Springs, South Dakota and close to the Fall River and walking path. Close to grocery and restaurants. High traffic and high visibility along main corridor Hwy 18/385 Southern gateway to the beautiful Black Hills.

Room Mix Information

Description	No. Rooms	Avg. Rate
2 Queen Beds	20	$55

Map of 646 S. 5th Street, Hot Springs, SD 57747 (Fall River County)

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Created 9/25/2008

Additional Information for 646 S 5th Street, Hot Springs, SD 57747

Active For Sale - 2 Listings
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 646 S. 5th Street, Hot Springs, SD 57747

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Riverside Inn
$362,000

Nearby Recently Sold Hotel & Motel propertiesSearch all recently sold commercial real estate

Economy/Limited Service
Sold 3Q 2009

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Riverside Inn

646 S. 5th Street, Hot Springs, SD, 57747