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Off market
  • $251,300

    1145 Sherman St, Hot Springs, SD 57747

    --beds
    0baths
    --sqft
    MultiFamily
    Built in 1955
    -- sqft lot
    $251,300 Zestimate®
    $--/sqft
    $992 Estimated rent

    Home value

    $251,300

    $194,000 - $324,000

    $992/mo

    Zestimate® history
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    Owner options

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    $992/mo

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    $992/mo

    Rent Zestimate®

    Refinance and save

    $1,567/mo

    Est. payment

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    $1,567/mo

    Est. payment

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    What's special

    Here is your opportunity to invest in Hot Springs. Profitable 22 unit strip motel centrally located (currently all units are leased month to month) shows a great return on investment. Managers home is included in the sale. Several of the units have been updated. Coin operated laundry on premises. Seller would consider a carryback on a portion of the purchase for a qualified buyer.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 0.76 Acres
    Details
    • Zoning: Conforming

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1955

    Utilities & green energy

    • Sewer: City

    Community & neighborhood

    Location
    • Region: Hot Springs

    Other

    Other facts
    • ENTRANCE: Private Entrance
    • FOUNDATION: Slab
    • INCLUDES: Refrigerator
    • LOT TYPE: Flat
    • ROOF: Composition
    • SAFETY FEATURES: Smoke Detectors
    • SEWER: City
    • UNIT FEATURES: Window Coverings, Furnished
    • VIEW: City
    • WATER: City
    • ZONING: Conforming
    • MISCELLANEOUS: Central Water Heater, Master Meters
    • POSSESSION: Immediate
    • Area: Southern Hills
    • HEATING: Electric, Baseboard
    • PARKING: Paved
    • STYLE: 2 Story, 1 Story
    • TYPE OF TENANCY: Month to Month
    • VACANCY RATE: 5 - 10%
    • CONSTRUCTION: Hardboard
    • AIR CONDITIONING: Wall
    • Type: Multiplex
    • Subdivision: MAMMOTH SPRINGS

    Price history

    DateEventPrice
    2/3/2025Listing removed$900
    Source: Zillow Rentals Report a problem
    1/14/2025Listed for rent$900
    Source: Zillow Rentals Report a problem
    7/1/2021Listing removed--
    Source: Local MLS Report a problem
    4/1/2021Listed for sale$525,000
    Source: Local MLS #153361 Report a problem
    3/23/2021Pending sale$525,000
    Source: Local MLS #153361 Report a problem
    3/18/2021Listed for sale$525,000
    Source: Local MLS #153361 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 57747

    Nearby schools

    GreatSchools rating
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