13752 U.S. 16

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13752 U.S. 16

Rapid City, SD 57702
Asking Price
Contact for price
Asset Type
RV Park Multifamily
Class
Class B

What's Special

127-Site RV Park, Glamping and Cabin Resort in the Black Hills of South Dakota <ul><li>​<strong>Premier Black Hills Tourism Location</strong>: Centrally positioned near Mount Rushmore, multiple national and state parks, and major demand drivers including the Sturgis Motorcycle Rally, drawing 15 million visitors and an economic impact of $2 billion.</li><li>​<strong>Extensive Recent Capital Improvements</strong>: Current ownership has spent over $1.8 Million spent in past 4 years including upgrading multiple Cabins, expanded Septic system adding 10 sites, 11 new Glamping Te

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times