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Hotel-Motel

Baymont Inn

106 US-16A, Keystone, SD 57751

Listing Price: $11,500,000

Cap Rate
10.78%
Number of Rooms
154
RevPAR
$82
Gross SF
61,882
Price/Room
$74,675
RRM
4.27
Price/Gross SF
$185.84
Year Built
1995

Investment Overview

Marcus & Millichap is pleased to offer this recently remodeled 154-Room Interior Corridor Hotel. Hotel PIP was Recently Completed in 2019 and the Hotel Has a Lot of Recent Upgrades. Upside on Revenue by Keeping The Hotel Open More Than 7 Months Each Year. Employee Housing included with Sale that Allows Hotel to Attract International H2-B Workers.

Investment Highlights

  • 154 Room Interior Corridor Hotel
  • Offered at an Attractive Cap Rate of 10.78%
  • Can Purhase the Nearby Ramada as a Portfolio Totaling 244 Rooms
  • Can Purhase the Nearby Ramada as a Portfolio Totaling 244 Rooms
  • Hotel Operates for Only 7 Months Each Year. Upside on Revenue if Kept Open Longer.
  • Hotel Comes with Nearby Site and Trailers Used For and Rented by Hotel Employees
  • Hotel Comes with 2015 Ford Transit Shuttle Van

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) SD: 17724

    South Dakota

Financing By

Hotel-Motel

Baymont Inn

Listing Price: $11,500,000

Cap Rate
10.78%
Number of Rooms
154
RevPAR
$82
Gross SF
61,882
Price/Room
$74,675
RRM
4.27
Price/Gross SF
$185.84
Year Built
1995

Investment Highlights

  • 154 Room Interior Corridor Hotel
  • Offered at an Attractive Cap Rate of 10.78%
  • Can Purhase the Nearby Ramada as a Portfolio Totaling 244 Rooms
  • Can Purhase the Nearby Ramada as a Portfolio Totaling 244 Rooms
  • Hotel Operates for Only 7 Months Each Year. Upside on Revenue if Kept Open Longer.
  • Hotel Comes with Nearby Site and Trailers Used For and Rented by Hotel Employees
  • Hotel Comes with 2015 Ford Transit Shuttle Van

Investment Overview

Marcus & Millichap is pleased to offer this recently remodeled 154-Room Interior Corridor Hotel. Hotel PIP was Recently Completed in 2019 and the Hotel Has a Lot of Recent Upgrades. Upside on Revenue by Keeping The Hotel Open More Than 7 Months Each Year. Employee Housing included with Sale that Allows Hotel to Attract International H2-B Workers.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): SD: 17724

    South Dakota

Financing By

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