402 Battle Mountain AveHot Springs, SD 57747

Property Details for 402 Battle Mountain Ave

Lot size

1.07 AC

Property type

Land

Property subtype

Apartment buildings

Description

This exceptional 1.072-acre commercial property in Hot Springs, South Dakota, presents a remarkable investment opportunity. Located at 402 Battle Mountain Ave., 57747, this multifamily property boasts sixteen furnished rental units, ideal for various uses including Airbnb/VRBO, short-term/long-term rentals, or a boutique hotel. Each studio apartment features a kitchenette equipped with a refrigerator, sink, two-burner cooktop, microwave, and portable oven/air fryer. A separate one-bedroom, one-bathroom unit with a full kitchen and private deck is also included, suitable for an on-site manager or rental. A coin-operated laundry adds to the income potential, and further revenue streams could be generated by renting the front office space or developing additional storage units on the expansive lot. The property's prime location offers easy access to downtown Hot Springs, shops, restaurants, Evans Plunge, the Black Hills hospital, Custer State Park, and Mount Rushmore. This thriving community, nestled in the gateway to the Black Hills, provides a wealth of outdoor recreational activities and attractions, making this property an attractive investment with significant upside potential. The asking price is $1,360,000.

Location Insight

City

Hot Springs

County

Fall River

State

South Dakota

Latitude

43.4408

Longitude

-103.474

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