= Required Field.

Already a Member?

Email Address:

Password:

Re-Enter Password:

First Name:

Last Name:

Country:

Zip/Postal Code:

Ext.

Day Phone:

Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers.

No Thanks.

By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

We will NOT share your email address.
View Our Privacy Policy.

Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.

Select a Property Type

You may enter a US or Canadian location in the following formats:

Zip Code
City, State
State

For additional search options, go to Advanced Search Advanced Search Advanced Search.

e.g. Los Angeles, CA or 91016

Advanced Search

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

Hotel / Motel For Sale

Kings Inn

221 E 7th Street, Platte, SD 57369

Price:
$995,000
No. Rooms:
45
Building Size:
13,900 SF
Price/Room:
$22,111.11
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Cap Rate:
9%
Average Daily Rate:
$50
RevPAR:
$36
Average Occupancy:
36%
Lot Size:
1.73 AC
Find Out More...

Last Verified 10/22/2009 Listing ID 16253711

Description

2-story with 45 units consisting of Singles, Doubles, Deluxe Doubles & Suites. Large meeting room, indoor pool, hot trub, exercise room and indoor corridors. House is single story walk-out with full basement completly finished. Includes .25 acre lot across street with electric hook-ups for RV's, campers, boats, etc.

This area has it all, great people, schools, health clinic, churches, Missouri River fishing and boating, Golf courses, bowling alley, pheasant hunting (this is the heart of the hunt) plus deer hunting. Recreation is a big part of the income for this nice motel with a 3+ bedroom home. Would be great for a husband and wife team.

Map of 221 E 7th Street, Platte, SD 57369 (Charles Mix County)

Hide Map

Contact Listing Broker to find out more details.

Presented by

ACTION REALTY

Request additional information

Contact Listing Broker

Charles Barker (605) 371-4650

Track changes to this property: Watch This Property
Share this listing: Send to Friend; Link to This Listing

Link
Copy the link above and share via email or IM.; Embed This on Your Web Site; Share on Facebook; Share on LinkedIn; Share on Twitter
Additional Options: Print Listing; View Map; Demographics; Research Price; Get Financing

Created 5/27/2009

Additional Information for 221 E 7th Street, Platte, SD 57369

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 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.

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.

Embed this Listing on Your Website

Hotel & Motel Property For Sale - Kings Inn

221 E 7th Street, Platte, SD, 57369