7900 Stage Stop RdSummerset, SD 57718

Property Details for 7900 Stage Stop Rd

Lot size

1.65 AC

Property type

Commercial real estate

APN

0C.60.09

APU

0C6009

Description

This exceptional 55-key hotel, built in 2000, boasts 71,775 square feet on a 1.65-acre lot in Summerset, South Dakota. Located on I-90, it benefits from high visibility and proximity to major attractions like the Sturgis Motorcycle Rally and Mount Rushmore (35 miles). The property is in excellent condition and presents a significant branding opportunity. The asking price is $3,200,000, translating to $44.58 per square foot. The surrounding area exhibits strong growth potential, making this a turnkey operation ideal for investors seeking a profitable venture in the thriving Black Hills hospitality market. This single-building hotel offers a compelling investment opportunity due to its prime location, strong performance, and potential for future expansion. The hotel's strategic position between Sturgis and Rapid City ensures consistent occupancy, particularly during peak tourist seasons. The property's excellent condition minimizes immediate capital expenditure needs, allowing for a swift return on investment. This is a rare opportunity to acquire a well-established hotel in a rapidly growing region with significant upside potential.

• Alternative Use

  Use

  Valuation

  Residential

  $19,655,886

  Hospitality

  $18,004,686

  Educational

  $14,979,687

  Medical

  $15,494,862

  Retail

  $23,301,736

Location Insight

City

Summerset

County

Meade

State

South Dakota

Latitude

44.1987

Longitude

-103.351

CBSA code

39660

CBSA name

RAPID CITY, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].