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221 7th St

Platte, SD 57369
  • $1,690,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 22205654
$1,690,000
  • 0
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1965

School Ratings & Info

Description

The Kings Inn Motel provides an excellent rate of return as it is currently operated with a CAP rate over 20%. The property currently includes 43 rooms, coin operated laundry room, indoor pool facility, large meeting room/community area, an additional lot for parking plus an owner residence that is attached to the main office. So many potential ways to produce additional income or increase the overall property value. Located on HWY 44, only a few miles away from the Missouri River and in the heart of pheasant country USA! Let your entrepreneurial imagination run wild to reach the full potential for this amazing investment opportunity!

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Tyler Goff Group - Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. 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. Data last updated: 2022-10-02T00:18:22.067.
www.siouxfallsrealestatesearch.com/homes/132925586
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221 7th St Platte, SD 57369

  • Price: $1,690,000
  • Status: Active
  • On Site: 23 Days
  • MLS #: 22205654
0
Beds
1
Baths
0
½ Baths
N/A
Acres
1965
Built
Neighborhood:
No Subdivision
County:
Other (Out Of Jurisdiction)
Area:
Outside Mls Jurisdiction
Property Description
The Kings Inn Motel provides an excellent rate of return as it is currently operated with a CAP rate over 20%. The property currently includes 43 rooms, coin operated laundry room, indoor pool facility, large meeting room/community area, an additional lot for parking plus an owner residence that is attached to the main office. So many potential ways to produce additional income or increase the overall property value. Located on HWY 44, only a few miles away from the Missouri River and in the heart of pheasant country USA! Let your entrepreneurial imagination run wild to reach the full potential for this amazing investment opportunity!
Exterior Features

Parking Capacity 50+ Parking Description Paved Parking Location On Site

Property Features

Additional Property Info None Bank Owned REO No Commercial Type Business Opportunity Inside City Limits YN Yes Sale Or Lease For Sale Only Short Sale No Zoning Commercial

Realtor Association of the Sioux Empire logo Listing provided courtesy of Kory Davis of The Experience Real Estate: 605-940-5544. © 2022 REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Tyler Goff Group - Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. 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. Data last updated: 2022-10-02T00:18:22.067.
 
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Tyler Goff Group - Hegg Realtors
2804 E 26th Street
Sioux Falls SD, 57103