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Browse More Listings in Hotel & Motel For Sale, Rapid City, SD or South Dakota

Hotel / Motel For Sale

Lodge Franchise L22-09

353 Fairmont Blvd, Rapid City, SD 57701

Price:
$5,340,000
No. Rooms:
116
Building Size:
62,786 SF
Price/Room:
$46,034.48
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Year Built:
1990
Corridor:
Yes
Lot Size:
2.32 AC
Find Out More...

Last Verified 10/26/2009 Listing ID 16201241

Highlights

Indoor pool with water slide!!
Very spacious with beautifully furnished rooms.
A clean breakfast area with lobby.

Tons of parking with truck and trailor parking behind property.

Description

This beautifully franchised property is located directly off Interstate 90, surrounded by shopping, eating and a strong community. The property includes 116 rooms both smoking and non-smoking available. An indoor pool with waterslide, an elevator, abundant parking with truck overflow behind the property are all included. Interior corridors along with the rooms which are
divided into king and double queen suites with 4 regular king suites and 2 with a jacuzzi included. A strong performing property that has a lasting impression on its customers and has proven that it will stand strong against it's competitors.

Located near Rushmore Mall, the second busiest mall in South Dakota. Other lodging, food, and retail services are all located in near proximity to the motel.
Rapid City is a vibrant market for the lodging industry. Business and leisure travelers from all across the country come to Rapid City at all times of the year, and it is a destination for shoppers from a market area that' s measured in the hundreds of miles. The property is accompanied by the beautiful scenery of the gorgeous city its located in. The property is also only a few miles from a hospital and numerous actitivty spots.

**THE ADDRESS LISTED IS NOT OF THE PHYSICAL HOTEL, PLEASE DO NOT CONTACT THE OCCUPANTS OF THIS LOCATION!!**

Map of 353 Fairmont Blvd, Rapid City, SD 57701 (Pennington County)

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American Motel Hotel Brokers (602) 230-2110

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Created 4/21/2009

Additional Information for 353 Fairmont Boulevard, 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

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

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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 - Lodge Franchise L22-09

353 Fairmont Blvd, Rapid City, SD, 57701