Rapid City, S.D. • A businessman looking to invest more time in his traveling concession business is seeking a buyer for his rural, southeastern South Dakota town — for the price of $400,000.
Lance Benson is the sole owner of Swett, an unincorporated hamlet in Bennett County about two hours southeast of Rapid City. Benson — who bought the town in 1998, gave it to his ex-wife in their divorce and reclaimed it in 2012 — put the town on the market last week, according he told the Rapid City Journal (http://bit.ly/THGUQ7 ).
In the 1940s, the town had a population of 40 people, along with a post office, some houses and a grocery store. Over the years, ownership of the town concentrated to a single person until it wound up in Benson's hands about 16 years ago. Now, what remains is a bar, workshop, three trailers and a house, where Benson and his current wife live.