196 Cliff StDeadwood, SD 57732

This exceptional fee-simple opportunity presents a well-established and reliably performing hotel and casino in the heart of historic Deadwood, South Dakota. Located at 196 Cliff St, Deadwood, SD 57732, this property boasts a substantial 28,000 square feet across two stories, encompassing 51 keys. The property operates under the well-known Super 8 Motel brand, offering a consistent revenue stream. The asking price is $5,950,000, translating to a compelling price per square foot of $212.50. This translates to a highly attractive 12.00% capitalization rate, making it an ideal investment for those seeking strong returns. The property is in excellent condition, featuring upgraded rooms exceeding typical Super 8 standards. Its manageable size and consistent performance history make it an attractive option for both seasoned investors and those new to the hospitality sector. The single building property is situated in Lawrence County and offers a turnkey operation with significant upside potential. This is a rare chance to acquire a profitable and well-maintained asset in a thriving tourist destination. The property's proven track record and strong cash flow make it a compelling investment opportunity in a desirable location.