I grew up in Winner and have an opportunity to buy my childhood home. I know there are huge lodges all over the area with land, guide service, etc. but I am wondering if there would be any demand just for a small 3+ bedroom home with small kitchen?
Notinks, my experience tells me that the lodge is not worth much without some land tied to it. Meaning, lodging only becomes important when you have some land to hunt and strong demand.
Does UGUIDE team lodging owners up with land owners at all?
We have rented houses in eastern SD and West river. Going rate we have seen is $30 to $35 night per person for home with TV, all appliances, and cookware. The houses have always been older and a little rough but perfect for hunters and clean. Hope that helps.
Good questions johnnyb. You are thinking like a business man.
I find there is not much cashflow in the lodging side vs. land.
However, guys like haymaker have made it pay a little better by finding good paying off season occupancy for their lodges like construction worker crews. Gets the asset paid for a little quicker.
$60/night/person let alone $30-35 barely keeps the lights on. Maybe good deal for hunters but not real good for owners.
I have a lot of hunters call me right before hunting season scrambling to find a place to hunt after their screaming good deal disappeared overnight.
Without sufficient cashflow, any businesses lights go out.
You can do pheasant hunting in SD on the penny, nickel or dollar. Either way you get what you pay for in most cases.