440 Heritage Dr | Spearfish, SD 57783
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440 Heritage Dr
Spearfish, SD 57783
Fairbridge Inn & Suites · Hospitality Property For Sale
·
43,322 SF
INVESTMENT HIGHLIGHTS
- Attractive Pricing – Offered at a 2.41x room revenue multiplier, presenting excellent value relative to income potential
- Significant upside potential through hands-on management and strategic expense reduction
- Interstate Visibility – Prime location off I-90 ensures strong highway exposure and accessibility for transient guests
- Strong Room Revenue – 2024 room revenue of ~$1,000,000 underscores consistent demand and revenue stability
- Tourism-Driven Market – Benefits from proximity to the Black Hills, Mount Rushmore, Deadwood, and Spearfish Canyon
- Franchise Strength – Backed by Super 8 by Wyndham, one of the world’s most recognized and trusted economy brands
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1977/2022 |
| Building Class | C | Parking Ratio | 0.87/1,000 SF |
| Lot Size | 2.03 AC | Corridor | Interior |
| Building Size | 43,322 SF | ||
| Zoning | Commercial - Hospitality | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.03 AC |
| Building Size | 43,322 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1977/2022 |
| Parking Ratio | 0.87/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial - Hospitality |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Hot Tub
- Multi-Room Suites
PROPERTY TAXES
| Parcel Number | 32210-19000-000-01 | Improvements Assessment | $1,128,330 |
| Land Assessment | $331,600 | Total Assessment | $1,459,930 |
PROPERTY TAXES
Parcel Number
32210-19000-000-01
Land Assessment
$331,600
Improvements Assessment
$1,128,330
Total Assessment
$1,459,930
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