855 and 907 N 5th St, Custer, SD 57730

$6,500,000

Property Description

Listed by Jeremy Kahler, KWBH, 605-381-7500. RARE opportunity to own a top-rated, turn-key hotel in Custer SD! *The Bavarian Inn, Black Hills is a popular destination for guests of the area with proximity to Mt. Rushmore, Crazy Horse National Memorial and all the area has to offer *This full-service property consists of 64 rooms, has a dedicated restaurant, coffee shop and guests-only amenities, all on 5.5 private acres *Established in 1973 and open 7 days a week from April-November, this property is excellently ranked across all platforms and performs at the top of the market in Occupancy, ADR and RevPar *Sparing no expense, the current owners have poured over $2 million into renovating the property, including: mechanical systems, HVAC units, electrical updates, substantial plumbing updates, building exteriors and decking, top to bottom room updates, furniture and room amenities, extensive landscaping, all new linens, commercial laundry facilities, 2 Tesla charging stations and more

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Listing courtesy of Keller Williams Realty Black Hills.