Rapid City, SD 57703-0000,4225 Apple Tree Rd

$1,350,000

Est. payment /mo

$1,350,000

Est.Price: ?

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4225 Apple Tree Rd Rapid City, SD 57703-0000

SOLD DATE : 12/03/2024

Key Details

Sold Price $1,350,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 170596

Sold Date 12/03/24

Style 1 Story,Other

Year Built 1950

Property Sub-Type Other

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.

Location

State SD

County Pennington

Area Rapid Valley

Zoning Conforming

Interior

Heating Forced Air, Gas

Cooling Electric, Window

Exterior

Roof Type Composition,Other

Building

Foundation None

Sewer City

Water City

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Kurt Pfeffer

Kurt Pfeffer

Engel & Völkers

+1(402) 681-6760

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by RE/MAX ADVANTAGE
agent

Kurt Pfeffer

Advisor

+1(402) 681-6760

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