$3,800,000
MLS #: 149239

Description of 701 DAKOTA, Rapid City, SD 57702

Great opportunity to own a 48 unit apartment complex in the West Rapid Area. It consist of 4 Buildings each with 12 units consisting of 2 bed, one bath, and one bed 1 bath apartments. As of April 2020 occupancy rate was 94%. Of the 4 buildings. Approximately 38 units have been remodeled paint, appliances, and carpet. All 4 building have new roofs, siding, and windows as of 2017. One of the four buildings has new water heater and boiler. There are also 4 mini-warehouse units for storage and asphalt parking and assigned parking. Great location behind Baken Park Shopping Strip Mall.

Property Features of 701 DAKOTA, Rapid City, SD 57702

TYPE
Other
Year Built
1972
Subdivision
OTHER
Community
Sheridan Lake Road
Features
Electric heat
Baseboard heat
Hot water heat
Lot has city view
Level lot
Lot size: 2.1 acre
Subdivision: OTHER
Lot zoned: Conforming
Smoke alarm
Composition roof
Crawlspace
City sewer
City water
Units in building(s): 48

Homes for Sale Nearby 701 DAKOTA, Rapid City, SD 57702

Recent Sales Nearby 701 DAKOTA, Rapid City, SD 57702



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