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Keystone, SD Best Western - 13% Cap

Keystone, South Dakota (Pennington County)

Services - Hotels & Other Lodging

Asking Price $3,800,000 Inventory  
Gross Income $913,000 Real Estate  
Cash Flow $480,000 Year Established 2001
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

This hotel is in great shape, many improvements. Only open May - Oct, does 480k in NOI on 913k in sales. WOW. Best deal we have, will not last long

Facilities: 50 units, built in 2001, many recent improvements, minimal improvements will be required upon transfer. Over $100 RevPar!!! Only open May - Oct

Competition: High barrier to entry market, no good building spots

Growth/Expansion: Higher rates, have not met customer's threshold yet

Reason Selling: Retirement

AD # 359210

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