Quality Inn Keystone Near Mount Rushmore 231 Winter St 56 Room Hotel Keystone, SD 57751 $3,400,000 ($60,714/Room)
INVESTMENT HIGHLIGHTS
- High traffic leisure market
- South Dakota welcomed 14.9M visitors in 2024
- Strong operating NOI as a percentage of top line revenues
- 5 minute drive from Mount Rushmore National Memorial
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 7 | $149.00 | - |
| Guest Room | 49 | $119.00 | - |
PROPERTY TAXES
| Parcel Number | 0056265 | Improvements Assessment | $2,125,200 |
| Land Assessment | $697,000 | Total Assessment | $2,822,200 |
