1307 J Ave SD 33 Unit Motel with Lake Views

Discover 1307 J Ave Hotel, where history meets investment potential in Eureka, SD. This 33-unit property, boasting recent renovations, presents a unique opportunity in the hospitality sector.

Built in 1950, the 38,000 sq. ft. building includes a manager's quarters, offering a perfect blend of charm and functionality. With an annual income of $133,931 in 2022 & $110,808 in 2023 and $80,029 through November 2024, this investment is set to bring steady returns. Recent minor renovations enhance the property's appeal, with taxes at $5,800 and insurance at $5,293. The roof, with parts replaced over the last decade, remains leak-free. Don't miss the chance to explore the potential of 1307 J Ave Hotel.

Contact Coldwell Banker Commercial AMH for more information on this promising hotel investment in Eureka, South Dakota.