Property Information
Listing #74503
List Price $2,999,000
Year Built 1931
County Pennington
$/Acre $571,238
Property Overview
18 cabins and beautiful custom log home investment property ideally located 10 minutes from Mount Rushmore and 15 minutes from Rapid City. Now's the perfect time to build on the success of the record-breaking tourist industry in the Black Hills. Hillside Country Cabins is currently run as a seasonal operation with consistent growth and plenty of opportunity for improvement. Currently operated from early May to end of September with significant ability to extend the season and run a portion of the property year round. There is land to add more cabins and rates have not been increased in 3 years, leaving great upside potential for the new owner. Current ownership has managed operations for the past 7 years adding significant updates and improvements and is looking to retire. Online reservation system for cabins and VRBO for executive lodge. Financials available with signed confidentiality agreement.
Listed by Chris Long, 605-939-4489, Keller Williams Realty Black Hills/KW Commercial
Highlights
• Beautiful cabins, custom log homes and executive lodge ideally located 10 minutes from Mount Rushmore and 15 minutes from Rapid City.
• Currently run as a seasonal operation with consistent year over year growth and plenty of opportunity for improvement with a longer season, increased rates and off-season rentals. According to SD Department of Tourism, room stays increased 30% in 2021.
• Excess land to add more cabins
• Rates have not been increased in 3 years leaving great upside potential for the new owner.
• Operated from early May to end of September with significant ability to extend the season and run 7 cabins and the executive lodge year round.
• Current ownership has managed operations for the past 7 years adding significant updates and
Listing Agent
Commercial Broker
