This property is currently vacant and needs some work but has tons of potential ! Great investment opportunity-50% down, owner will carry 50% WAC. 19 unit complex consists of 3 two bedroom units, 2 efficiency apartments and 14 one bedroom apartments, also included is a 5 stall garage. Being sold AS IS . ~~ Owner open to joint ventures, possible partnership via LLC, possible owner financing available as well. ~~recent improvements include: : Flat roof has rubber membrane just resealed in 2014 also new gutters with open- face downspouts, new concrete parapet and cap, tuck-pointing, new front steps on Mulberry.
16 unit apartment complex. new shingles 7 siding. Includes 16 stoves,16 refrigerators,2 coin operated washers & 2 coin operated dryers. Total of 12 garages. Garages rent separately. Parking around the building on each side & in back of building.
Wickman Mobile Home Park
Sunshine Mobile Home Park
Size Upon Req.$2,600,000
Large established Sturgis Rally Campground on 46 plus acres located on exit 34. This rally camp operates 2 weeks during the Sturgis Rally and has become a destination camp for many bikers. The property includes 242 RV sites, 19 cabins, hundreds of tent camp camping. Shower house, laundry facilities, bar, and convenience store are additional profit centers. The 5 bedroom, 3.5 bath custom home includes a 3 car garage and many upgrades. 40018-44783
Great income producing property. 2 bedroom apartment, close to downtown. Walking distance to bank, cafe and post office. Steel siding, fenced in back yard. Two bedrooms, one bath, 836 sq ft living space. Tile kitchen floor. Currently a $450 a month rental income. 114 East Oak Street. Seller is related to listing agent.
Great investment opportunity located in the Black Hills of south Dakota. Converted motel-to 17 unit apartment complex, with single family home that can be extra rental or care taker unit.. property utilizes both monthly and annual leases. current adjustment increase to account for market ..
Size Upon Req.$12,850,000
Excellent opportunity to own 91 duplexes that have strong net numbers and consistent occupancy. Own the property and enjoy a healthy 9+ CAP rate for years to come and then take advantage of the valuable location of the dirt and move the duplexes and build high rise apartments with some of the best views in Rapid City.
Two-story eight-plex located in Zelmer' s 1st Addition in Tea, SD. 8,442 total building square feet. Lot size is 24,030 sq. ft. Built in 2009. Four two-bedroom and four three-bedroom units. Detached eight stall garage. Paved, on site parking. Landlord responsible for garbage, snow removal, taxes and insurance. Tenant responsible for gas and electric. 7% Cap Rate. 2013 Real Estate Taxes are $8,233.92.
Twenty-four units in two (2) two-story buildings located on the east side of Tea behind Pizza Ranch. Unit mix includes eight (8) three-bedroom, twelve (12) two-bedroom, and four (4) one-bedroom units. Tenant responsible for electric, heat, sewer, water, cable & phone. Landlord responsible for garbage, snow removal and lawn care. Two detached garages with 12 stalls each. Built in 2001 & 2002. On-site paved parking. Total lot size is 97,125 SF. Neighbors include My Tea Tykes Children' s Center, Get N Go, Olson & Waltner Law Firm, Tea Ace, Blockbuster Express and Pizza Ranch Real Estate Taxes are $34,289.