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4225 Apple Tree Rd

Rapid City, SD 57703
  • $1,300,000
  • STATUS: Active
  • ON SITE: 124 Days
  • MLS #: 167419
UPDATED: 103 min ago
$1,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

Description

Cottonwood Grove is an ideal investment opportunity for both seasoned investors and those looking to enter the real estate market. With its strategic location near the Rapid City Regional Airport, it attracts a diverse range of potential tenants. The 14 mobile home lots provide a steady stream of rental income, offering residents the flexibility of mobile home living. The mobile home rental offers a larger living space and is an attractive option for those seeking a more permanent housing solution The single-family home is perfect for families or individuals who desire a detached living space with a yard. The 3-unit apartment building attracts tenants looking for a multi-family living arrangement or additional income generating opportunities. The efficiency apartment is ideal for single individuals or couples seeking a more compact yet convenient living space. In addition to the existing rental options, the property boasts significant potential for further development.

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© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Malott Team | CENTURY21 ClearView Realty. Data last updated: 2024-06-24T11:16:17.517.
www.rapidcitysearch.com/homes/147761567
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4225 Apple Tree Rd Rapid City, SD 57703

  • Price: $1,300,000
  • Status: Active
  • On Site: 124 Days
  • Updated: 103 min ago
  • MLS #: 167419
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
Other
County:
Pennington
Area:
Rapid Valley
Property Description
Cottonwood Grove is an ideal investment opportunity for both seasoned investors and those looking to enter the real estate market. With its strategic location near the Rapid City Regional Airport, it attracts a diverse range of potential tenants. The 14 mobile home lots provide a steady stream of rental income, offering residents the flexibility of mobile home living. The mobile home rental offers a larger living space and is an attractive option for those seeking a more permanent housing solution The single-family home is perfect for families or individuals who desire a detached living space with a yard. The 3-unit apartment building attracts tenants looking for a multi-family living arrangement or additional income generating opportunities. The efficiency apartment is ideal for single individuals or couples seeking a more compact yet convenient living space. In addition to the existing rental options, the property boasts significant potential for further development.
Exterior Features

Construction FrameOther Entrance Community Entrance Lot Size Acres: 4.63 Lot Type Flat Parking See Remarks Roofing CompositionOther Style 1 StoryOther View PrairieTrees

Interior Features

Cooling ElectricWindow Foundation None Heating Forced AirGas

Property Features

Auction YN No Documents On File Other Features Family RoomFireplaceNone Includes All UnitsRange/OvenRefrigerator Miscellaneous Individual Water HeatersMaster MetersSeparate Meters Multifamily Type Other Possession ImmediateNegotiable Safety Features Smoke Detectors Sewer City Tenancy Type 1 Year LeaseMonth to MonthSix Month LeaseVacant Vacancy Rate 0 - 5% Water City Will Sell CashNew Loan Zoning Conforming

© 2024 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Forrest Thompson of RE/MAX ADVANTAGE: 605-343-7653.


© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Malott Team | CENTURY21 ClearView Realty. Data last updated: 2024-06-24T11:16:17.517.
 
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The Malott Team | CENTURY21 ClearView Realty
412 5th St.
Rapid City SD, 57702