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Sold for $2,650,000 on 08/07/23
  • $2,650,000

    215 Kinney Ave, Rapid City, SD 57702

    6beds
    --baths
    36,517sqft
    Multi Family
    Built in ----
    -- sqft lot
    $3,065,700 Zestimate®
    $73/sqft
    $1,675 Estimated rent

    What's special

    51 Unit affordable apartment community located in desirable northwest Rapid City. This property has a mix of one, two and three bedroom units with a unique townhome style layout across 11 buildings. 15 apartments were recently remodeled to include new cabinetry, flooring, lighting and appliances. Very well maintained buildings with all new roofs installed in 2019. All 2BD and 3BD units include washers/dryers in the units and the 1BD building has common laundry facilities on the lower level. LIHTC covenants are in place through 2033. New market rates will be going into effect in August 2023 (estimated 10% increase). The property has a long history of strong occupancy with onsite property manager and maintenance. Listed by Chris Long, Keller Williams Realty Black Hills, 605-939-4489

    Zillow last checked: 7 hours ago

    Listing updated: August 08, 2023 at 09:12am

    Listed by:

    Christopher Long,

    Keller Williams Realty Black Hills RC

    Bought with:

    NON MEMBER

    NON-MEMBER OFFICE

    Source: Mount Rushmore Area AOR,MLS#: 76364MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Wall Evap., Refrig. C/Air
    Appliances
    • Included: Dishwasher, Refrigerator, Electric Range Oven, Washer, Dryer
    Interior area
    • Total structure area: 36,517
    • Total interior livable area: 36,517 sqft

    Property

    Parking
    • Parking features: Paved
    Features
    • Entry location: Community Entrance,Private Entrance
    Lot
    • Size: 2.67 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Roof: Composition

    Community & neighborhood

    Location
    • Region: Rapid City
    • Subdivision: Owen Mann
    Services availability