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    1145 Sherman St

    Hot Springs, SD 57747
    • $525,000
    • STATUS: Active
    • ON SITE: 98 days
    • MLS #: 153361
    UPDATED: 174 min ago
    $525,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Here is your opportunity to invest in Hot Springs. Profitable 22 unit strip motel centrally located (currently all units are leased month to month) shows a great return on investment. Managers home is included in the sale. Several of the units have been updated. Coin operated laundry on premises. Seller would consider a carryback on a portion of the purchase for a qualified buyer.

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    © 2021 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or VIP Properties. Data last updated: 2021-06-25T00:16:18.143.
    www.rapidcityhomes4sale.com/homes/115217251
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    1145 Sherman St Hot Springs, SD 57747

    • Price: $525,000
    • Status: Active
    • Updated: 174 min ago
    • MLS #: 153361
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1955
    Built
    Neighborhood:
    Mammoth Springs
    County:
    Fall River
    Area:
    Southern Hills
    Property Description
    Here is your opportunity to invest in Hot Springs. Profitable 22 unit strip motel centrally located (currently all units are leased month to month) shows a great return on investment. Managers home is included in the sale. Several of the units have been updated. Coin operated laundry on premises. Seller would consider a carryback on a portion of the purchase for a qualified buyer.
    Exterior Features

    Construction Hardboard Entrance Private Entrance Lot Size .76 Lot Type Flat Parking Paved Roofing Composition Style 1 Story2 Story View City

    Interior Features

    Cooling Wall Foundation Slab Heating ElectricBaseboard

    Property Features

    Auction YN No Documents On File Owner Operating Stmt Features Window CoveringsFurnished Includes Refrigerator Miscellaneous Master MetersCentral Water Heater Multifamily Type Multiplex Possession Immediate Safety Features Smoke Detectors Sewer City Tenancy Type Month To Month Vacancy Rate 5 - 10% Water City Will Sell CashNew Loan Zoning Conforming

    © 2021 Black Hills Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Trevor Johnson of The Real Estate Group, Inc..


    © 2021 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or VIP Properties. Data last updated: 2021-06-25T00:16:18.143.
     
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    2828 West Main Street
    Rapid City SD, 57702