Hotel & Motel Property For Sale - Major Franchised Hotel

2207 Mt. Rushmore Road, Rapid City, SD, 57701

 

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Major Franchised Hotel

2207 Mt. Rushmore Road, Rapid City, SD 57701

Major Franchised Hotel
  • $3,820,000
  • 99
  • $38,585.86
  • Hotel & Motel
  • Economy/ Limited Service
  • Investment
  • 12.50%
  • $80
  • $40
  • 50%
  • 15 AC
  • Find Out More...
Last Verified  10/28/2009 Listing ID  16059235

Description

Brick construction, several recent updates, fantastic location - all makes this a perfect opportunity for you to move in and start making a profit today! This property recently won Best Western's CHAIRMAN AWARD, recognizing excellence in Housekeeping, Maintenance and Customer Satisfaction ratings!

Amenities include a large, new lobby, business center, large office that could be a gift shop, large breakfast area, outdoor pool & hot tub. Well maintained property on 15 acres, on main route to Mt. Rushmore National Monument. Premium location for the summer traverls as well as those utilizing the Regional Medical Facilities withing 2 blocks. AUTO TRANSFER - NO PIP!

NOTE: Contact Broker for Franchise name and exact address; please NO VISITS WITHOUT AN APPOINTMENT! Include phone number in correspondence to speed registration process.

This major Franchised Motel is located on one of the busiest streets in the country, Mount Rushmore Road. This road is the main access for tourists to get to Mt. Rushmore, one of the most visited National Monuments in the country. Commercial land in this area sells for around $32/s.f., and with 15 acres of land this property is a bargain! The motel is also close to Rapid City Regional Hospital and other health providers, making this a natural and frequent place to stay for outpatients and family members.

Broker' s Note: This is unbelievably busy area, with many restaurants and other lodging facilities nearby, strongly benefitting the Occupancy numbers for this property. At just 3X gross revenue, this is a very good opportunity.

Map of 2207 Mt. Rushmore Road, Rapid City, SD 57701 (Pennington County)

Contact Listing Broker to find out more details.

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Pat Green (307) 686-6360
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Created 1/15/2009

Additional Information for 2207 Mount Rushmore Road, Rapid City, SD 57701

  • Active For Sale - 1 Listing
  • Active For Lease - 0 Listing
  • Previously Listed - 0 Historic Listing
  • Sales Comparables Available - 0 RecentSales Record

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