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33299726
33299722

925 North 3rd Street, Spearfish, SD 57783

BH
SD 12031, WY Wyoming 10670
RE/MAX In The Hills
Listed by RE/MAX In The Hills
$1,700,000
3 days on market
Updated 3 days ago

925 North 3rd Street

Details
Property Type Multifamily, Hospitality (+1)
Sub Type Apartment Building, Motel (+1)
Square Footage 5,787
Units 19
Year Built 1970
Year Renovated 2021,2022,2023,2024,2025
Stories 2
Acreage 0.670
Zoning C1
Parking Spaces 22 per unit
Investment Type Value Add
Ground Lease No
Sale Condition N/A

Short term and long-term rentals in place with many ways to increase revenue.

Marketing description

Turnkey 20-Unit Motel/Airbnb | Multiple Income Streams + Development Opportunity Cash-flowing, multi-use investment with HUGE upside potential! This 20-unit property is currently operating as a successful motel/Airbnb and offers endless opportunities to generate incomeshort-term rentals, long-term tenants, or continue running as a motel. Zoned C-1 Commercial, the possibilities don’t stop there. A completed flood study and plans already in place for two additional duplexes create built-in expansion and even greater revenue potential. Whether you’re an investor looking to maximize cash flow or a developer ready to take it to the next level, this property is packed with opportunity and ready to perform. Listed By Bud Hannah Re/Max In The Hills. 605-645-2026.

Investment highlights

Turnkey 20-Unit Motel/Airbnb | Multiple Income Streams + Development Opportunity Cash-flowing, multi-use investment with HUGE upside potential! This 20-unit property is currently operating as a successful motel/Airbnb and offers endless opportunities to generate income short-term rentals, long-term tenants, or continue running as a motel. Zoned C-1 Commercial, the possibilities don’t stop there. A completed flood study and plans already in place for two additional duplexes create built-in expansion and even greater revenue potential. Whether you’re an investor looking to maximize cash flow or a developer ready to take it to the next level, this property is packed with opportunity and ready to perform. Listed By Bud Hannah Re/Max In The Hills. 605-645-2026.

Listing Contacts

BH
SD 12031, WY Wyoming 10670
RE/MAX In The Hills
Listed by RE/MAX In The Hills

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Additional Information

Name
Bud Hannah
License
12031
Brokerage
Re/Max in The Hills
Brokerage Address
1145 North Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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