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TBD Fairway Hills Dr

Rapid City, SD 57702
  • $690,000
  • STATUS: Active
  • ON SITE: 328 Days
  • MLS #: 164981
UPDATED: 104 min ago
$690,000
  • 0
    BEDS
  • 2.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

Business Opportunity. Seller is selling an LLC holding the remaining development rights for Vista Park Condominiums at Fairway Hills. This includes the rights to build the additional 3 condominium buildings (which includes 24 individual units and basement garage spaces in each building for a total of 72 additional units to be built) as set forth under the Master Deed of Vista Park Condominiums. The size and layout of the buildings and individual units is set forth in the Master Deed. The Master Deed covers the remainder of Block 11 of Fairway Hills PRD, as shown on the plat filed in Plat Book 34, Page 96. The purchase will be in the form of a sale and transfer of 100% membership interest in an LLC holding the development rights. Seller has confirmed with the City of Rapid City that the remaining buildings can be built but Buyer must do their own due diligence regarding current City requirements and what is permitted and required under the Master Deed.

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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/141980846
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TBD Fairway Hills Dr Rapid City, SD 57702

  • Price: $690,000
  • Status: Active
  • On Site: 328 Days
  • Updated: 104 min ago
  • MLS #: 164981
0
Beds
0
Baths
0
½ Baths
2.6
Acres
Neighborhood:
Park West Condominiums
County:
Pennington
Area:
Southwest
Property Description
Business Opportunity. Seller is selling an LLC holding the remaining development rights for Vista Park Condominiums at Fairway Hills. This includes the rights to build the additional 3 condominium buildings (which includes 24 individual units and basement garage spaces in each building for a total of 72 additional units to be built) as set forth under the Master Deed of Vista Park Condominiums. The size and layout of the buildings and individual units is set forth in the Master Deed. The Master Deed covers the remainder of Block 11 of Fairway Hills PRD, as shown on the plat filed in Plat Book 34, Page 96. The purchase will be in the form of a sale and transfer of 100% membership interest in an LLC holding the development rights. Seller has confirmed with the City of Rapid City that the remaining buildings can be built but Buyer must do their own due diligence regarding current City requirements and what is permitted and required under the Master Deed.
Exterior Features

Access Public Land Description Interior Lot Lot Size approx 2.6 acre Lot Type Development PropertyFlatInterior Road Surface Blacktop Surface Water None Topography Level View HillsTrees

Property Features

Documents On File None Electric Services BHE CompanyElectric to Lot Gas MDU Improvements None Land Type Commercial Mineral Rights No Sewer City at Site Visibility Not Applicable Water City (at site) Will Divide NoPartial Sale Will Sell Cash Zoning High Density Residential

© 2024 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Bo Hauer of COLDWELL BANKER BLACK HILLS LEGACY: 605-343-2700.


© 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