255/265 Federal Ave, Rapid City, SD 57702

Attention Investors -- Opportunity is knocking with this 24-plex! All units are roughly 1100 square feet with 2 bedrooms, 2 baths, laundry hook-ups with 75-80% of the units having washer and dryers provided. Built in 2015, these units have been well maintained with some under market rents and loaded with cash-flow potential! There are 38 parking spaces, plus ample street parking, and sprinkler system. Tenants pay electricity, owner pays water/sewer/trash. Buyer to assume non-recourse Fannie Mae Small Business Loan. Balance of loan roughly $1,800,000, rate of 4.82% with under 10 years remaining on term. Call for more information or your private viewing.