For Sale

Rapid City RV Park - Rapid City, SD

4110 Mt Rushmore Rd,
Rapid City, SD 57701

Asset Snapshot

Townhouse
Multifamily Subtype
1978
Year Built
1
Floor Count
18.50 Acres
Land Area
141 Units
Unit Count
1,680 SF
Property Size
75%
Occupancy

Offering Summary

Investment Overview

Rapid City RV Park & Campground is a premier 142-unit hospitality and outdoor resort asset set on 18.5 gross acres along the Mount Rushmore gateway corridor, pairing an active 8.5-acre operating footprint with 10 expansion acres. Master-planned across engineered, terraced tiers stabilized by extensive new structural retaining walls, the property delivers panoramic Black Hills views and a diversified revenue mix of 70 full-hookup RV sites (predominantly 30/50-amp pull-throughs), 62 electric-served and primitive tent sites, 6 rental cabins (dry and full bath), and 3 newly renovated boutique motel rooms. Park-wide capital improvements feature a seasonal heated pool, recreational game room, 24/7 commercial guest laundry, remodeled private-stall bathhouses, an on-site office/camp store, Wi-Fi, and a sanitary dump station, presenting a low-maintenance, high-yield investment with immediate expansion upside.


Investment Highlights

  • Average Home Values approx. $300k
  • Record 2025 Tourism: 3.93 Million Visitors Spent $527.3 Million in Rapid City
  • Gateway to Mount Rushmore, Crazy Horse, Custer State Park, and the Sturgis Rally
  • Open Year-Round I 18.51 Acres | GC Zoning | Flood Zone X
  • Ellsworth AFB Workforce Demand, Expanding With the B-21 Mission
  • $500 Million Sanford Black Hills Medical Center (Construction 2027, Open 2030)
  • Private Well & Septic

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$6,500,000
Asking Price

Investment Sales Broker

Will Capone
Split Arrow Capital Brokers LLC

Market Insights