40 unit motel with extra lot for parking. Full kitchen, hot continental breakfast area with seating and a walkout to the pool. Also featuring manager living quarters. Excellent investment with ample parking right in the middle of downtown Rapid City. Motel financials available upon request. This property would also be desirable for other uses such as leased office space or retail shops. Real Estate included, along with fully functioning motel business. Vacant gravel lot to west of motel is also included. Pool is one of the few remaining outdoor hotel pools in Rapid City. Expand your motel business with potential build out on adjacent lot. Shown By Appointment Only! Listed by The Jake Johnson Group, Dupont Real Estate 605-280-4481.
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Black Hills Association of REALTORS®.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
