HTR Black Hills
Rapid City, SD
Offered as Unpriced
120-Site RV Park, Glamping and Cabin Resort in the Black Hills of South Dakota.
Investment Highlights:
- Premier Black Hills Tourism Location: 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.
- Extensive Recent Capital Improvements: Over $1.8 Million spent in past 4 years including upgrading multiple Cabins, expanded Septic system adding 10 sites, 11 new Glamping Tents installed and upgrading electricity to 25 RV sites.
- Differentiated, Wooded Site Mix: Large, well-spaced RV sites including deluxe options, extensive tree cover throughout the property, and a scenic forested environment that differentiates HTR Black Hills from competing campgrounds with limited natural canopy.
- Clear Upside & Expansion Potential: Ability to expand and add additional sites, further refine site mix, add park models and/or additional cabins, introduce food & beverage using the existing commercial kitchen infrastructure, and continue enhancing accommodations and amenities to drive ADR, occupancy, and NOI growth.
Links
CREXI LISTING & DUE DILIGENCE BOX
For more information:
Jesse Pine
Managing Broker
jessepine@naiohb.com
Direct (970) 379-5551
Bob Kaplan
Founder
bobkaplan@naiohb.com
Direct (520) 271-2304