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Super 8 by Wyndham Keystone/Mt Rushmore 702 Highway 16a 42 Room Hotel Keystone, SD 57751 $2,490,000 ($59,286/Room)
Investment Highlights
- CLOSEST HOTEL to Mt. Rushmore (2.6 miles)
- Tons of upgrades in last 5 years
- Full service - including breakfast lounge area, ice machines, guest laundry, and currently unused pool building
- Turnkey
- 42 rooms
- Priced well below replacement cost at under 60,000 per key
Executive Summary
It is priced well below replacement cost at under 60,000 per key. It is being sold as an asset purchase as current financials do not reflect what the property can do due to extenuating circumstances of the seller. Do your own math and make this your own!
Property Facts
| Price | $2,490,000 | Building Size | 18,371 SF |
| Price Per Room | $59,286 | No. Rooms | 42 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1991 |
| Property Subtype | Hotel | Parking Ratio | 2.3/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.65 AC | ||
| Zoning | H-1 - Commercial | ||
| Price | $2,490,000 |
| Price Per Room | $59,286 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.65 AC |
| Building Size | 18,371 SF |
| No. Rooms | 42 |
| No. Stories | 3 |
| Year Built | 1991 |
| Parking Ratio | 2.3/1,000 SF |
| Corridor | Exterior |
| Zoning | H-1 - Commercial |
Amenities
- Wheelchair Accessible
- Indoor Pool
- Public Access Wifi
- Smoke Detector
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 42 | $134.00 | - |
Not walkable
10/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 0043335 | Improvements Assessment | $1,689,500 |
| Land Assessment | $283,100 | Total Assessment | $1,972,600 |
Property Taxes
Parcel Number
0043335
Land Assessment
$283,100
Improvements Assessment
$1,689,500
Total Assessment
$1,972,600
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Super 8 by Wyndham Keystone/Mt Rushmore | 702 Highway 16a
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