Summerset Hotel & Suites | 7900 Stagestop Rd
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Summerset Hotel & Suites 7900 Stagestop Rd
55 Room Hotel Summerset, SD 57718 $4,550,400 CAD ($82,735 CAD/Room)
Investment Highlights
- I-90 Location Highly Visible
- Strong Growth Surrounding Area
- Exceptional Condition
Executive Summary
Welcome to the Summerset Hotel, nestled in the picturesque Black Hills of South Dakota. This charming establishment presents a unique opportunity to own a thriving hospitality business in a rapidly growing region.
Prime Location: Situated along I-90 in the heart of the Black Hills, Summerset sits between Sturgis and Rapid City, South Dakota and is only 35 miles to Mount Rushmore.
Area Growth: The surrounding area has experienced strong growth with a strong potential for further growth and expansion.
Branding Opportunity: This property is in exceptional condition and has possible branding opportunities.
Opportunity: This turnkey operation is ideal for seasoned hoteliers looking to expand their portfolio or entrepreneurs seeking a profitable venture in the hospitality industry.
Contact Information: For more details, please contact Pat Green (307) 680-0102 or Grant Edmunds (307 )220-1614
Discover the allure of owning a hotel in the Black Hills. Invest in the Summerset Hotel today and capitalize on the charm and growth of this vibrant region.
Prime Location: Situated along I-90 in the heart of the Black Hills, Summerset sits between Sturgis and Rapid City, South Dakota and is only 35 miles to Mount Rushmore.
Area Growth: The surrounding area has experienced strong growth with a strong potential for further growth and expansion.
Branding Opportunity: This property is in exceptional condition and has possible branding opportunities.
Opportunity: This turnkey operation is ideal for seasoned hoteliers looking to expand their portfolio or entrepreneurs seeking a profitable venture in the hospitality industry.
Contact Information: For more details, please contact Pat Green (307) 680-0102 or Grant Edmunds (307 )220-1614
Discover the allure of owning a hotel in the Black Hills. Invest in the Summerset Hotel today and capitalize on the charm and growth of this vibrant region.
Data Room Click Here to Access
Property Facts
| Price | $4,550,400 CAD | Building Size | 71,775 SF |
| Price Per Room | $82,735 CAD | No. Rooms | 55 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2000 |
| Property Subtype | Hotel | Parking Ratio | 0.77/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.65 AC |
| Price | $4,550,400 CAD |
| Price Per Room | $82,735 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.65 AC |
| Building Size | 71,775 SF |
| No. Rooms | 55 |
| No. Stories | 3 |
| Year Built | 2000 |
| Parking Ratio | 0.77/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- On-Site Retail
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 12 | $147.89 CAD | - |
| Guest Room | 43 | $112.34 CAD | - |
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PROPERTY TAXES
| Parcel Number | 0C.60.09 | Improvements Assessment | $2,780,919 CAD |
| Land Assessment | $277,279 CAD | Total Assessment | $3,058,198 CAD |
PROPERTY TAXES
Parcel Number
0C.60.09
Land Assessment
$277,279 CAD
Improvements Assessment
$2,780,919 CAD
Total Assessment
$3,058,198 CAD
zoning
| Zoning Code | Hospitality |
| Hospitality |
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Summerset Hotel & Suites | 7900 Stagestop Rd
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