Country Inn Motel | 107 E Main St
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Country Inn Motel 107 E Main St
10 Room Hotel Bison, SD 57620 $694,560 CAD ($69,456 CAD/Room) 13.47% Cap Rate
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.
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.
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$201,707
|
$18.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$201,707
|
$18.68
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$94,695
|
$8.77
|
| Net Operating Income |
$107,012
|
$9.91
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $201,707 |
| Annual Per SF | $18.68 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $201,707 |
| Annual Per SF | $18.68 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $94,695 |
| Annual Per SF | $8.77 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $107,012 |
| Annual Per SF | $9.91 |
Property Facts
| Price | $694,560 CAD | Lot Size | 0.32 AC |
| Price Per Room | $69,456 CAD | Building Size | 10,800 SF |
| Sale Type | Investment | No. Rooms | 10 |
| Cap Rate | 13.47% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1971 |
| Property Subtype | Hotel | Parking Ratio | 0.93/1,000 SF |
| Building Class | C | Corridor | Interior |
| Price | $694,560 CAD |
| Price Per Room | $69,456 CAD |
| Sale Type | Investment |
| Cap Rate | 13.47% |
| 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 | $243.80 CAD | - |
| Guest Room | 8 | $131.82 CAD | - |
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PROPERTY TAXES
| Parcel Number | 12810 | Improvements Assessment | $347,053 CAD |
| Land Assessment | $13,447 CAD | Total Assessment | $360,501 CAD |
PROPERTY TAXES
Parcel Number
12810
Land Assessment
$13,447 CAD
Improvements Assessment
$347,053 CAD
Total Assessment
$360,501 CAD
zoning
| Zoning Code | GC |
| GC |
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Country Inn Motel | 107 E Main St
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