Prime Investment Properties Announces CALL FOR OFFERS on the Bavarian Inn, Black Hills – Offers Due September 30, 2026
Stabilized 64-key independent hotel on 5.5 acres in one of America's premier national-park markets — projecting $700K+ NOI on a 150-day season, with resort-style amenities, on-site workforce housing, and potential seller financing
Prime Investment Properties LLC, a leading hospitality brokerage firm and member of Hotel Brokers International, today announced a formal CALL FOR OFFERS on the Bavarian Inn, Black Hills, a stabilized, income-producing 64-key independent hotel situated on 5.5 acres at 855 N 5th Street in Custer, South Dakota. Qualified buyers are invited to review the confidential offering and submit written offers by Wednesday, September 30, 2026, at 5:00 PM MDT.
Rarely does an asset of this caliber come to market in the Black Hills. The Bavarian Inn sits minutes from Mount Rushmore, Custer State Park, and Crazy Horse Memorial — three of the most visited attractions in the American Midwest — on the region's highest-traffic corridor. It is a proven, cash-flowing business with a 4.7-star Google rating, a loyal returning guest base, and no franchise fees or royalty obligations, giving an incoming owner complete creative and operational control.
This structured call for offers is designed to give every serious buyer a clear, equal, and confidential path to ownership on a defined timeline.
“The Bavarian Inn is one of the most compelling hospitality listings we have had the privilege to bring to market,” said Dan Emert, Managing Principal, Prime Investment Properties LLC. “This isn't just a hotel — it's a proven, cash-flowing business with an irreplaceable location. Interest has been strong and consistent, and the fairest way forward for every party is a single deadline, a level playing field, and full transparency. Buyers who have been watching this property should act now. On September 30th, the window closes.”
Why the Bavarian Inn
- 64-key independent hotel on 5.5 acres in the heart of the Black Hills, carrying a 4.7-star Google rating
- Projecting $700K+ NOI on a 150-day short operating season — stabilized income with clear rate and operational upside
- Marquee, high-visitation market — Mount Rushmore, Custer State Park, and Crazy Horse Memorial all minutes away
- Resort-style family-friendly amenities including indoor and outdoor pools, pickleball and basketball courts, landscaped grounds, free guest laundry, and EV charging
- On-site manager's residence — a built-in workforce-housing solution in a market where staff housing is the primary operating constraint
- Turnkey operations with documented SOPs, daily and weekly checklists, a trained team, and J-1 Visa staffing established for peak season
- Substantial recent capital investment — new roofs, PTAC replacements, refreshed bathrooms, resurfaced parking lot, upgraded internet and pool systems
- Potential seller financing available with a significant down payment
- Documented growth runway in shoulder seasons, weddings, wellness retreats, and group event hosting
Market Tailwinds
A planned Highway 385 expansion, including a new sidewalk connecting the Bavarian Inn directly to Custer's city center, will further enhance visibility and walkability for years to come. For a value-add operator, the demand tailwinds arrive alongside an asset already producing. August revenue was up 21% over the previous year.
Call for Offers — Key Dates
- Offers due: Wednesday, September 30, 2026, at 5:00 PM MDT
- Tour dates by appointment: Wednesday, September 16 and Thursday, September 17, 2026
- Additional tour dates this month may be available upon request
- Tours are by appointment only and coordinated exclusively by the broker. Please do not contact on-site staff or ownership.
How to Submit
Please include the following with your offer:
- Proof of funds
- Purchase price and terms
- Dates and deadlines
- Personal/professional background and hotel portfolio
Offers due Wednesday, September 30, 2026, at 5:00 PM MDT
About Prime Investment Properties
Prime Investment Properties LLC, based in Steamboat Springs, Colorado, is a hospitality real estate brokerage and advisory firm specializing in the acquisition and disposition of hotels, motels, resorts, and lodging assets across Colorado, Wyoming, Nebraska, Missouri, Pennsylvania, New Mexico, Georgia, Oklahoma, South Dakota, and international resort markets. Led by Dan Emert, Managing Principal, the firm brings a disciplined, data-driven approach to every listing, pairing deep market knowledge with a commitment to connecting buyers and sellers of exceptional properties.
About Hotel Brokers International
Hotel Brokers International (HBI), founded in 1959, is the hospitality real estate industry's most established network of professional brokers, with over 11,000 successful hotel transactions. HBI's website features an extensive selection of hotels for sale, attracting global investors and industry professionals. HBI is the founder and administrator of the Certified Hotel Broker (CHB) Program, the only professional designation recognizing expertise in hotel brokerage. The organization also provides affiliate memberships to professionals in related fields such as franchising, lending, appraisals, and investment services, fostering a comprehensive network of hospitality specialists. Visit www.hbihotels.com.
Media Contact
Dan Emert
Owner — Hotel/Resort Broker · Managing Principal
Prime Investment Properties LLC
970.819.4948 - direct | Dan@PrimeInvestmentProps.com
www.PrimeInvestmentProps.com
