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County sets Rushmore Plaza (DoubleTree) hotel value at $16.3 million after appraisal review
Summary
Pennington County commissioners accepted a third-party appraisal and set the 2026 assessed value of Rushmore Plaza LLC's DoubleTree hotel at $16,300,000, rejecting the owner's request to account for an unfinished property-improvement plan in a way that would lower the taxable value.
The Pennington County Board of Commissioners on April 30 adopted a staff recommendation and set the assessed 2026 value of Rushmore Plaza LLC's DoubleTree by Hilton at $16,300,000.
Trevor Abernathy of the county's Equalization Office told the board he had hired an independent appraiser to provide a market opinion after the property's 2023 assessment and subsequent court proceedings. Abernathy said the restricted appraisal placed the real-estate component of the hotel at $16,300,000 and that the county's…
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