Hotel-Motel
Baymont Inn
106 US-16A, Keystone, SD 57751
Listing Price: $11,500,000
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.
Baymont Inn
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
Financing By
Listing Price: $11,500,000
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
Financing By
