$1,990,000

Sunset Motel & RV Park presents a rare income-producing opportunity at the highly visible entrance to Belle Fourche, South Dakota, directly along US Highway 85 and across from the Belle Fourche Country Club. Positioned on almost three acres, this long-term rental property offers a diversified mix of housing and rental income streams, including 14 studio apartments, 4 cabins, one two-bedroom on-site manager’s apartment, one tiny home, and 18 RV hookups. The RV park is equipped with 3-phase power, with each RV site separately metered for electric, creating a practical and efficient operating structure for long-term tenancy. The property also includes an on-site laundromat and a fully powered garage, adding additional utility, tenant convenience, and operational flexibility. Sunset Motel & RV Park is currently operated as a long-term rental property, serving the steady housing needs of the Belle Fourche and Northern Black Hills market. Belle Fourche continues to benefit from its proximity to Spearfish, regional employment drivers, highway access, and the broader growth of the Black Hills region. The property’s location, existing unit mix, utility infrastructure, and land size create multiple paths for future value, including continued rental operations, repositioning, expansion, or potential redevelopment. With over two acres and the potential ability to split into two separate parcels, Sunset Motel & RV Park offers both immediate income and long-term upside. This is a unique opportunity to acquire an established rental property with multiple income sources, strong visibility, and future development potential in a growing Western South Dakota market. Listed by Josiah LaFrance- L'Avance Capital and Real Estate- (605) 786-3098 Sunset Motel & RV Park presents a rare income-producing opportunity at the highly visible entrance to Belle Fourche, South Dakota, directly along US Highway 85 and across from the Belle Fourche Country Club. Positioned on almost three acres, this long-term rental property offers a diversified mix of housing and rental income streams, including 14 studio apartments, 4 cabins, one two-bedroom on-site manager’s apartment, one tiny home, and 18 RV hookups. The RV park is equipped with 3-phase power, with each RV site separately metered for electric, creating a practical and efficient operating structure for long-term tenancy. The property also includes an on-site laundromat and a fully powered garage, adding additional utility, tenant convenience, and operational flexibility. Sunset Motel & RV Park is currently operated as a long-term rental property, serving the steady housing needs of the Belle Fourche and Northern Black Hills market. Belle Fourche continues to benefit from its proximity to Spearfish, regional employment drivers, highway access, and the broader growth of the Black Hills region. The property’s location, existing unit mix, utility infrastructure, and land size create multiple paths for future value, including continued rental operations, repositioning, expansion, or potential redevelopment. With over two acres and the potential ability to split into two separate parcels, Sunset Motel & RV Park offers both immediate income and long-term upside. This is a unique opportunity to acquire an established rental property with multiple income sources, strong visibility, and future development potential in a growing Western South Dakota market. Listed by Josiah LaFrance- L'Avance Capital and Real Estate- (605) 786-3098

$425,000

Investors, take notice of this well-maintained four-unit multifamily! This property has a list of capital improvements that delivers immediate cash flow. Featuring a versatile unit mix of units; one three-bedroom, one two-bedroom, and two one-bedroom apartments, this property appeals to a broad tenant pool and supports strong, consistent occupancy. The owners have invested heavily in the asset over the past few years, with a new roof, gutters, ten new windows, and some new updated siding and exterior paint in 2022 and 2023. Three units have received new heaters and new stoves, and two units feature fresh interior paint, making for move-in-ready spaces that attract and retain quality tenants. A new water heater rounds out the mechanical updates, adding further confidence in the property's systems going forward. Beyond the units themselves, tenants enjoy the convenience of on-site laundry and ample off-street parking. The two-car garage could be used as additional rental income or additional storage. Schedule your showing today! Listed by Madison (Reeves) Shipman, Valente Realty, Sturgis (605)569-9019. Investors, take notice of this well-maintained four-unit multifamily! This property has a list of capital improvements that delivers immediate cash flow. Featuring a versatile unit mix of units; one three-bedroom, one two-bedroom, and two one-bedroom apartments, this property appeals to a broad tenant pool and supports strong, consistent occupancy. The owners have invested heavily in the asset over the past few years, with a new roof, gutters, ten new windows, and some new updated siding and exterior paint in 2022 and 2023. Three units have received new heaters and new stoves, and two units feature fresh interior paint, making for move-in-ready spaces that attract and retain quality tenants. A new water heater rounds out the mechanical updates, adding further confidence in the property's systems going forward. Beyond the units themselves, tenants enjoy the convenience of on-site laundry and ample off-street parking. The two-car garage could be used as additional rental income or additional storage. Schedule your showing today! Listed by Madison (Reeves) Shipman, Valente Realty, Sturgis (605)569-9019.