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$1,115,000
Est. payment /mo
0.29 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 175839
Lot Size 0.288 Acres
Property Sub-Type Other
Property Description
Why buy one door when you can buy the whole portfolio? Welcome to “Wasta Bound”—a roadside motel + rentals package offering nightly, weekly, monthly, and long-term income streams with I-90 visibility/access. Start at the Redwood Motel (2,300± sf, per seller): 5 nightly motel units plus a manager's quarters (full apartment for year-round living). Updates include new windows; manager's space has a new wood stove and remodeled kitchen/living. A short drive into town is the Dakota Motel (2,500± sf): 8 units with kitchenettes, set up for short/medium stays. Major improvements: new poured concrete foundation (extra storage + peace of mind), new siding, windows, decks, roof, electrical, plumbing, plus added gravel parking. The Thunderheart (3,500± sf) features 10 units currently run as long-term rentals (steady, year-round income) and houses the guest laundry—open to the public for additional revenue. Wagon Wheel (1,900± sf) offers 8 short- to mid-term units, fully remodeled with kitchenettes and huge back decks; new cable/Wi-Fi hookups and extra gravel/grading for parking. A standalone cabin (~336± sf) adds a private, front-porch retreat with wide-open views—great for extended stays. Behind the cabin are 3 additional lots for future cabins/residence/extra elbow room. Rounding out the package: a 0.57-acre lot with 3 mobile homes, all currently rented for instant cash flow. City water & sewer serve all properties. Motel operation refreshed with new linens/bedspreads/pillows. Financials with signed NDA; owner open to training/mentoring for a smooth transition. This listing is for the entire property package (ALL MOTEL UNITS, CABIN & LOTS, MOBILE HOMES & LOT)
Location
State SD
County Pennington
Area Central Plains
Interior
Cooling Window/Wall
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Listed by RE/MAX RESULTS