1050 VALLEY DR, Rapid City, SD 57701
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1050 VALLEY DR, Rapid City, SD 57701
1050 VALLEY DR, Rapid City, SD 57701
1050 VALLEY DR, Rapid City, SD 57701
1050 VALLEY DR, Rapid City, SD 57701
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Arnie + Tina Sharp

Arnie + Tina Sharp

+1(605) 858-9722
$ 16,500,000
Est. payment /mo
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1050 VALLEY DR Rapid City, SD 57701

UPDATED:

Key Details

Property Type Multi-Family, Residential Income

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Subdivision Diamond Ridge Subd

MLS Listing ID 179267

HOA Y/N No

Year Built 2021

Lot Dimensions 3.73 Acre

Property Sub-Type Multiplex

Property Description

Moonlight Apartment complex. 6 units with 15 apartments per unit. 3 sets of 18 private garages. Garage rents for $100 per month. Efficiency apartments are $995 per month. One bedroom apartments $1200 per month. Two bedroom apartment is $1400 per month. Each building has 3 studio apartments, 6 one bedroom apartments and 6 two bedroom apartments. Studio apartments are 558 square feet. One bedrooms are 774 square feet and two bedroom apartment is 1013 square feet. All appliances are stainless steel. Each unit has a refrigerator, range/oven, microwave and dishwasher. Each unit has stacked washer and dryer. Vinyl plank flooring in building corridors and stairs with steel railings for low maintenance. Balconies or patio on all units. Bedrooms are carpeted. LVF vinyl flooring in kitchen, living rooms and baths. All balcony decks are Trex. 440 foot metal fence parallel to Valley Drive and two large apartment complex name signs. Blinds in all apartments. Complete apartment surveillance system with recording ability for all units exterior and interior common areas. Completely landscaped with sprinkler system. Napco fire link fire suppression system approved by Rapid City fire department. Garages are taped and textured with garage door openers with remote. Two tone cabinets in kitchens. Matching laminated counter tops and stainless steel sinks. Tenants pay water and electric. Owner pays for garbage, lawn care and snow removal. Last two units were completed by Mac Construction in 2022. Newer access through to Anamosa Street making it extremely convenient for tenants to get to shopping and the base. One owner who is retiring. This complex is ready to go and in excellent like new condition. Efficiency apartments and 1 bedrooms have mini split heating and cooling. 2 bedroom apartments have for air furnace.

Location

State SD

County Pennington

Area Rapid Valley

Zoning Conforming

Direction Highway 44 to Valley Drive. Left at Valley Drive. Complex will be on the right side of Valley Drive.

Interior

Heating Electric, Forced Air

Cooling Electric, Central Air

Window Features Window Coverings

Appliance Individual Water Heaters

Exterior

Exterior Feature Balcony/Deck

Parking Features Paved, Garage, See Remarks

Utilities Available Separate Meters

View Y/N No

View Trees/Woods, Prairie, Meadow

Roof Type Composition

Accessibility Handicap Access

Porch Patio

Garage Yes

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Listed byBLACK HILLS REALTY
Arnie + Tina Sharp

ARNIE + TINA SHARP

Phone

+1(605) 858-9722

Address

628 Jackson Blvd, Rapid City, SD 57702-2526, USA

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