Country Inn Motel 107 E Main St 10 Room Hotel Bison, SD 57620 $475,000 ($47,500/Room)

INVESTMENT HIGHLIGHTS

  • Beautiful Curbside Appeal
  • Annual repeat clientelle
  • Only lodging option in the within 45 miles
  • Proudly owned by operator for many years with impeccable reputation

EXECUTIVE SUMMARY

Welcome to the Country Inn, a remarkable hospitality gem nestled in the progressive community of Bison, South Dakota. Serving as a gateway to the scenic Black Hills, both the local community and this establishment flourish during the summer months and throughout the bountiful fall hunting and harvest seasons.
Conveniently located on Main Street, the Country Inn stands a mere block away from an array of restaurants, bars, and essential community enterprises. As an additional benefit of this remote community, the Country Inn is the only lodging options within 45 miles. With an illustrious history spanning over half a century, this cherished property has been under the stewardship of only two owners, with the present family owners pouring 28 years of dedication into its success.
Discovering excellence in spaciousness, each of the meticulously designed motel rooms and the lodging suite has undergone a continuous process of enhancement and modernization. Notably, the executive manager's quarters stand as a testament to innovation, boasting a fully remodeled three-bedroom apartment that sets the standard for luxury and comfort.
We extend an invitation to experience Western South Dakota's premier business opportunity of 2023 firsthand. Come and witness the splendor of the Country Inn, where a legacy of hospitality and prosperity converge in perfect harmony.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income $142,301 $13.18
Other Income - -
Vacancy Loss - -
Effective Gross Income $142,301 $13.18
Taxes - -
Operating Expenses - -
Total Expenses $66,806 $6.19
Net Operating Income $75,495 $6.99

PROPERTY FACTS

Price $475,000
Price Per Room $47,500
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.32 AC
Building Size 10,800 SF
No. Rooms 10
No. Stories 2
Year Built 1971
Parking Ratio 0.93/1,000 SF
Corridor Interior

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $172.00 -
Guest Room 8 $93.00 -

PROPERTY TAXES

ZONING

Zoning Code GC (General Commercial)
  • Listing ID: 34873233

  • Date on Market: 8/17/2023

  • Last Updated:

  • Address: 107 E Main St, Bison, SD 57620