Multi-Family Home For Sale

Picture of Multi-Family Home For Sale in Rapid City, South Dakota, United States

$18,500,000

1050 Valley Drive
Rapid City, South Dakota, United States

14,541 sqft

Listed By: Homes & Land Magazine

Listed On: 04/05/2024

Listing ID: GL11093787 View More Details

Description

Marketed by Art Koscielski Black Hills Realty LLC. 605 939 8656. Moonlight Apartment complex. 6 units with 15 apartments per unit. 3 sets of garages with 18 spaces per set. Garage rents for $100 per month. Each building has 3 studio apartments of 558 square feet that rent for $979. 6 one bedroom, one bath apartments at 774 square feet for $1290 per month. 6 two bedroom, two bath of 1013 square feet renting for $1490 per month. All stainless steel Whirlpool appliances. Refrigerator, range, microwave, dishwasher. Washer and dryer are a stacked unit in each apartment. Vinyl plank flooring in building corridors and stairs. Carpet in bedrooms, LVF vinyl flooring in kitchen, living room, bathrooms and utility closets. Trex decking with metal railing for each balcony. 440 foot metal fence parallel to Valley Drive with two name signs. Blinds for all apartments. Complete apartment surveillance system with recording abilities for all buildings exterior and interior common areas. Complete landscaping package with plantings, sod and sprinkler system. All parking lots are paved, striped and complete. 1000 feet of new 12 inch water line installed in 2022. State of the art Napco Fire Link fire suppression system Rapid City fire department approved.