South Dakota Town Goes On Sale For $400K

A small South Dakota town can be all yours for $400,000 (£234,000).



Lance Benson - the sole owner of Swett, an unincorporated hamlet about two hours south east of Rapid City - has put the 6.16-acre town on the market.

An online posting says the "beautiful prairie" town comes complete with "a bar, large 40x80 garage that has been used as a tyre shop, house, and 3 trailer houses".

http://media.skynews.com/media/images/generated/2014/6/30/320037/default/v2/swett1-1-762x428.jpg
Swett Tavern is the only bar in a 10-mile radius. Pic: Zillow

Mr Benson, who runs a travelling concession business, told the Rapid City Journal he would love to keep the town but he needs to focus on his business.


The tavern has "many updates", according to the posting. Pic: Zillow

He told the newspaper: "Like I say, I hate to get rid of it. If I don't sell it this first year, I would probably keep it."

Benson bought the town - population two - in 1998.

http://media.skynews.com/media/images/generated/2014/6/30/320035/default/v2/swett4-1-762x428.jpg
Mr Benson's house is included in the sale. Pic: Zillow

Swett, which had as many as 40 residents during the 1940s, was named after a local farmer who owned a grocery store that briefly housed a post office.


Three trailer homes are part of the package. Pic: Zillow

But the government decided the rural town was too small to have its own post office and it was closed in 1945, according to the Zillow ad.


The prairie town is 110 miles south east of Rapid City. Pic: Zillow

Currently, Mr Benson, his wife and the couple's dog are the town's only permanent residents.

Swett Tavern, however, remains a popular destination for people in the surrounding area, as it is the only watering hole in a 10-mile (16-km) radius, according to the Journal.

http://news.sky.com/story/1292455/south-dakota-town-goes-on-sale-for-400k

There you go, sell your house and buy a town!     

And to think of the poor people who built that town with their own blood, tears ... and Swett ...

  

Ben_Reilly wrote:And to think of the poor people who built that town with their own blood, tears ... and Swett ...

  

Oh that was BAD, but hilarious!!!!!!  :asvampas: 

despite the tavern......no....too much snow

Cass wrote:despite the tavern......no....too much snow

It's sad, but I'm thinking that even at $400,000 it's still too expensive. How could you hope to make that money back from the investment?

Gotta have a piece of the bar, too. How is the acreage held?

Ben_Reilly wrote:

Cass wrote:despite the tavern......no....too much snow

It's sad, but I'm thinking that even at $400,000 it's still too expensive. How could you hope to make that money back from the investment?

that hardly buys you a 2 bedroom flat in outer Sydney     

veya_victaous wrote:

Ben_Reilly wrote:

Cass wrote:despite the tavern......no....too much snow

It's sad, but I'm thinking that even at $400,000 it's still too expensive. How could you hope to make that money back from the investment?

that hardly buys you a 2 bedroom flat in outer Sydney     

Shit son, you should look up the cost of a house in Detroit!

Can you spare a dollar?

http://www.zillow.com/detroit-mi/

that's where they used to make cars? anything else?     

cause I am seriously thinking of just staying with my parents and buying investment property (as I cant afford to buy anything within 2 hour commute of work, parents are about an hour commute) and I could buy like half a dozen of the ones Not for a dollar just with the money I woudl be using for a deposit here.

http://www.domain.com.au/search/buy/state/nsw/area/eastern-suburbs/region/sydney-region/suburb/redfern/?ssubs=1&searchterm=redfern
buying where I work $700,000 min most are closer to $1.5million and some are over $2million

And that is in the "Aboriginal Slum" (as shady put it) of Redfern     

The Biggest problem with paradise is too many people want to live here and can Afford to Pay big bucks      

veya_victaous wrote:that's where they used to make cars? anything else?     

cause I am seriously thinking of just staying with my parents and buying investment property (as I cant afford to buy anything within 2 hour commute of work, parents are about an hour commute) and I could buy like half a dozen of the ones Not for a dollar just with the money I woudl be using for a deposit here.

http://www.domain.com.au/search/buy/state/nsw/area/eastern-suburbs/region/sydney-region/suburb/redfern/?ssubs=1&searchterm=redfern
buying where I work  $700,000 min most are closer to $1.5million  and some are over $2million

And that is in the "Aboriginal Slum" (as shady put it) of Redfern     

The Biggest problem with paradise is too many people want to live here and can Afford to Pay big bucks      

No, that's pretty much it. But they're making cars again, thanks to Obama, of course

I repeat. Who owns the land? Is he claiming it just because he's the only resident? Seems to me the only thing he's got is a bar.

In the OP Quill:

Benson bought the town - population two - in 1998.

Lance Benson - the sole owner of Swett, an unincorporated hamlet about two hours south east of Rapid City - has put the 6.16-acre town on the market.

An online posting says the "beautiful prairie" town comes complete with "a bar, large 40x80 garage that has been used as a tyre shop, house, and 3 trailer houses".

Sassy wrote:In the OP Quill:

Benson bought the town - population two - in 1998.

Lance Benson - the sole owner of Swett, an unincorporated hamlet about two hours south east of Rapid City - has put the 6.16-acre town on the market.

An online posting says the "beautiful prairie" town comes complete with "a bar, large 40x80 garage that has been used as a tyre shop, house, and 3 trailer houses".

it forgot to say and under snow for half of the year .......but I'm rethinking it with all that other stuff thrown in!

 

Yea, who could resist those three mobile homes that haven't be inhabited for years!!!!!!!!!

oh but they have been inhabited.....by spiders, snakes etc.....gently lived in is the proper real estate term I believe lol

Cass wrote:oh but they have been inhabited.....by spiders, snakes etc.....gently lived in is the proper real estate term I believe lol

And you have to be gentle when you go in, or you fall through the floor and get bitten!