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$ 12,400,000
Est. payment | /mo
$ 12,400,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Subdivision Superpumper Add
MLS Listing ID 181199
Year Built 2004
Property Sub-Type Multiplex
Property Description
Rare opportunity to acquire a very well-established and well-maintained income producing 80-unit apartment property in Southeast Rapid City. Sitting on approximately 8.69 acres, the property offers a unique setting with all 80 residences arranged as single-level units and 57 garages. The unit mix consists of attractive two- and three-bedroom floor plans. The property has demonstrated consistently strong occupancy with a wait list. Residents can enjoy a recently renovated clubhouse featuring a large community gathering room, two private offices, 2 restrooms, a kitchen, and laundry facilities with coin operated washer and dryers. Additional outdoor amenities include a basketball court and playground. With its single-story configuration, substantial acreage, established occupancy history, and on-site amenities, this property represents an opportunity to acquire a sizable multifamily asset in Rapid City, close to local amenities. For additional information or to schedule a showing, contact Ariel Rudland, West River Realty 605-786-4816 or Travis Haan, Black Hills Realty 605-415-2344
Location
State SD
County Pennington
Area Southeast
Zoning Conforming
Interior
Heating Forced Air, Natural Gas
Cooling Central
Exterior
Roof Type Composition
Building
Foundation Poured Concrete
Sewer City (at site)
Water City (at site)
Listed by WEST RIVER REALTY, LLC
NEARBY SCHOOL & PROPERTIES
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