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Buy a South Dakota town for around $497,400

Published on Jul 1, 2014 8:56 AM

DALLAS (REUTERS) - Prospective buyers who want to be masters of their own domains could turn to south-western South Dakota, where an entire town can be had for US$399,000 (S$497,417).

The owner of Swett, pronounced sweat, is selling the roughly 2.5-hectare town that includes a tavern, a three-bedroom house, three trailer homes and a former tire shop about 160 km southeast of Rapid City, South Dakota.

Swett's population peaked at 40 residents in the 1940s when it had a post office and grocery store, but now stands at two: owner Lance Benson and his wife, three if you count their dog.

Mr Benson acquired Swett in 1998, later gave it up in a divorce settlement and then reacquired the town in 2012.

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