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- LoopNet Team
702 Highway 16a
Keystone, SD 57751
Super 8 by Wyndham Keystone/Mt Rushmore · Hospitality Property For Sale
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18,371 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1991 |
| Building Class | C | Parking Ratio | 2.3/1,000 SF |
| Lot Size | 0.65 AC | Corridor | Exterior |
| Building Size | 18,371 SF | ||
| Zoning | H-1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.65 AC |
| Building Size | 18,371 SF |
| No. Stories | 3 |
| Year Built | 1991 |
| Parking Ratio | 2.3/1,000 SF |
| Corridor | Exterior |
| Zoning | H-1 |
AMENITIES
- Public Access Wifi
ABOUT 702 HIGHWAY 16A , KEYSTONE, SD 57751
Closest HOTEL to MT RUSHMORE! This is your opportunity to own the Super 8 on Highway 16A in Keystone, SD! High volume traffic drives strong business for the 100 peak days of tourism every year. The building is of sound structure and will be ready to open again in late Spring. Swimming pool and hot tub included! Of the 42 rooms, there are 4 Kings, 35 Double Queens, 1 Queen and 2 Queen Suites. And all of them have new flat screen televisions. Tourists start out their journey to Mt Rushmore and the Black Hills every day and get there quickly when they stay at the Super 8! Closest to the mountain every time! Price reduced from $2.5m! There is a tremendous opportunity to increase revenue with this property! $125/night x 150 nights x 42 rooms = $787,500 gross room revenue x 3 factor = $2,362,500 valuation. Busy Seasonal area with a lot of other businesses around.
PROPERTY TAXES
| Parcel Number | 0043335 | Improvements Assessment | $1,689,500 |
| Land Assessment | $283,100 | Total Assessment | $1,972,600 |
PROPERTY TAXES
