For Sale
$349,000

5Th StMurdo, SD 57559

32-Room Motel, SD - Great Potential

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a 32-room motel in Murdo, South Dakota, ideally situated at 105 E 5th St, zip code 57559. The property, built in 1950 and renovated in 2018, sits on a substantial 32,234 square foot lot and comprises three buildings totaling 7,126 square feet. The motel features 32 keys, offering ample accommodation for guests. The asking price is $349,000, translating to $48.98 per square foot and $10,906.25 per bed. The property includes an office, basement storage, and manager's quarters, enhancing operational efficiency and convenience. Located in Jones County, this single-story motel presents a strong potential for return on investment, given its established presence and recent renovations. The property is offered with 100% ownership. This is a rare chance to acquire a well-maintained, income-generating asset in a desirable location. Seller financing with favorable rates is available. This turnkey operation is ready for a new owner to continue its success. The motel's prime location and established reputation within the Murdo hospitality market make it a compelling investment prospect.

Highlights

  • 32-room motel in Murdo, SD, at 105 E 5th St, zip code 57559.
  • Built in 1950, renovated in 2018, situated on a 32,234 sq ft lot.
  • Three buildings totaling 7,126 sq ft.
  • Asking price: $349,000 ($48.98/sq ft, $10,906.25/bed).
  • Includes office, basement storage, and manager's quarters.
  • Seller financing available.

Property Details for 0 5Th St

Property type
Hospitality properties, Motels
Square Feet
7,126 SF
Year Built/Renovated
1950/2018
Buildings
3
Stories
1

Location Insight

City
Murdo
County
Jones
State
South Dakota
Latitude
43.8866158
Longitude
-100.7097064
5Th St, Murdo, South Dakota

FAQs

What type of property is this?
Hospitality property - 32-Room Motel, SD - Great Potential
Where is the hospitality property located?
The property is located at 5Th St Murdo, SD.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 32-room motel in Murdo, SD, at 105 E 5th St, zip code 57559.; Built in 1950, renovated in 2018, situated on a 32,234 sq ft lot.; Three buildings totaling 7,126 sq ft.
How can I contact the broker?
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0 5Th St
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