Crow Peak Lodge

346 W. Kansas Street Spearfish, SD

View Spec as PDF

Sale Price: $699,000

Building Size: 15,726 sq. ft.

Total Available Space: 15,726 sq. ft.

Suite Size: 15,726 sq. ft.

Property Type: Business Opportunity | Hospitality

Year Built: 1970

Property Description

Property Features

  • 36 rooms and manager’s quarters
  • Building size: 15,726 sq. ft. (four buildings)
  • Lot size: 0.78 acres (on three parcels)
  • Paved, on-site parking
  • Year built: 1970/1974
  • Zoning: Commercial
  • 2019 Revenue: $298,347
  • Cap Rate: 14.9%
  • ADR: $72.07
  • Annual Occupancy: 36%

Pricing

  • Price: $699,000 ($19,416.66/ key)
  • Financials available upon request

Location

  • Located in the heart of the Black Hills of South Dakota
  • Nearby attractions include: Mount Rushmore, Terry Peak, Mickelson Trail, Sturgis

Brokers

Dale Zomer

Senior Vice President

Office Phone: (605) 444-7117

Dale Zomer joined NAI Sioux Falls in May of 2016.  Dale brings 25 years experience of representing clients in the sale or purchase of income-producing properties.

View Dale's Profile