221 7th St, Platte, SD 57369

$1,690,000

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!

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Calculator source: Real Geeks

Courtesy of Kory Davis, The Experience Real Estate.


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