$2,999,000
Description for 13315 S Highway 16 Rapid City, South Dakota 57702
18 cabins and beautiful custom log home investment property ideally located 10 minutes from Mount Rushmore and 15 minutes from Rapid City. Now's the perfect time to build on the success of the record-breaking tourist industry in the Black Hills. Hillside Country Cabins is currently run as a seasonal operation with consistent growth and plenty of opportunity for improvement. Currently operated from early May to end of September with significant ability to extend the season and run a portion of the property year round. There is land to add more cabins and rates have not been increased in 3 years, leaving great upside potential for the new owner. Current ownership has managed operations for the past 7 years adding significant updates and improvements and is looking to retire. Online reservation system for cabins and VRBO for executive lodge. Financials available with signed confidentiality agreement. Listed by Chris Long, 605-939-4489, Keller Williams Realty Black Hills/KW CommercialMLS#: 70511
Property Details
Lot Size: 5.01- 10
Lot Acres: 5.25
Lot Type: Cabin Site
Heat: Electric,Propane
Cooling: Window Evap.
Year Built: 1931
School District: No
Style: Hotel/Motel
Garage Type: Common
Interior Amenities
Furnished
Highway Access
Laundry
Listed by Christopher Long - Keller Williams Realty Black Hills Rapid City on Monday, 06 December 2021 [For Sale]