Remarks

South Pine Motel - Income-Generating Gem minutes from Legendary Sturgis Main St! Discover the lucrative potential of the South Pine Motel, ideally located in the heart of Sturgis, SD. This year-round income property has 6 single unit cabins, the property offers 3 studio apartments, and a 3 bedroom home for comfortable owners' living quarters , making it an excellent investment with built-in accommodation. The motel includes on-site laundry facilities, an outdoor shower, and ample parking space for all guests. With 4 RV sites complete with Full hook-ups and a spacious garage, this property is fully optimized for both long-term guests and seasonal traffic. Being only minutes from famous Main Street, it's at the center of Sturgis’s vibrant tourist scene and highly sought-after during the annual Motorcycle Rally. New roofs and gutters were completed on all units in 2020 and currently has a strong rent roll with an even higher income potential, especially during peak tourist seasons. The property is completely turn-key, being fully equipped with all appliances, beds, and some furniture necessary for immediate operation. Take advantage of this prime opportunity for steady monthly income, substantial seasonal profits, and a chance to own a piece of the Legendary Sturgis Community. Call Casey Raftevold | Great Peaks Realty Munro and Gran | 605-863-5282 for more information.

Details

MLS#: 82221
Price: $999,000

Style: Business/Land/Building(s)
Sq Ft: 2976

Lot Size: .41 acres