IMPORTANT NOTICE: Notice of Data Event

Country Inn Motel For Sale - 107 East Main St. - Bison, SD

Country Inn Motel For Sale - 107 East Main St. - Bison, SD 
Listing Details (ID# 5330)
Listed Price
$490,000
Listing Location
Bison, SD
County
Perkins
Size
1 Parcels
Contact
Andy Mrnak , 701.206.1095

 

 

MOTEL FOR SALE

Country Inn Motel - Bison, SD

PRICE REDUCED:  $490,000

 

Property Note: 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.

 

Contact:  Andy Mrnak 701.206.1095 or Pifer’s Auction & Realty at 877.700.4099 for more information and a complete catalog.

 

 

Property Information

Address:  107 East Main St. - Bison, SD

Rooms:   11 Total

• 8 - Double Bed Rooms

• 2 - Triple Bed Rooms

• 1 – Lodge Suite – 6 Beds – 3 Bedrooms

• Kitchenette, Dining Table, Full Bath

 

Building Size:          10,800 sq. ft. – 2 Levels at 5,400 sq. ft.

Lot Size:  100’ x 140’ (14,000 sq. ft.) (0.32 +/- acres)

Lot Surface:  Grass Lawn/Landscaping, Gravel/Cement Driveway/Walkways

Amenities: On Site Laundry Room and Multiple Supply Storage Areas, Flat Screen TV’s, A/C Units, Refrigerators, Business Fixtures

Key Features:  This hospitality facility has been well-maintained and updated with double and triple bed rooms and an extravagant lodge suite.  There is potential for an additional room or suite to be renovated. Shaded backyard grilling patio available to guests, managers office with living space behind the lobby desk available for manager/operator.

Garage:   Detached 2 Stall

• Built in 2018

• Cement Floor/Apron

• Unfinished/Uninsulated

 

Living Quarters:

Bedrooms: 3

 Bath: 1.5

Kitchen: Newly remodeled cabinets and flooring with island

Key Features: 2 living areas, 1 office area with half bath, commons meeting area/coffee foyer, tastefully remodeled in 2017.

 

 

Financial Information

Income Tax Information and P/L Available Upon Request

 Listing Price:             $490,000

 Price/Room:               $44,545

 Cap Rate:                   13%

 2024 Room Rates:    Single: $88; Double: $98; Triple: $105; Lodge: $240

 

Country Inn Motel For Sale - Bison, SD
Acres: 0.32
Legal: Bison Original Townsite: Block 7: Lots 7-10
Taxes: $5,674.74
Tax Year: 2022