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  • $6,000,000

    3151 Outlook Cir, Rapid City, SD 57701

    --beds
    --baths
    378,536sqft
    Multi Family
    Built in ----
    -- sqft lot
    $6,308,500 Zestimate®
    $16/sqft
    $-- HOA

    What's special

    Affordable LIHTC apartment property located in SE Rapid City. 80 single level cottage style units, combination of 2 and 3 bedrooms. The recently remodeled clubhouse includes a community room, 2 private offices, m/w restroom, kitchen, and coin op laundry. Site also has a community basketball court and swing set on 8.69 acres. Consistently strong occupancy, 57 single garages. Current LURA agreement in place through 2045. 6% rent increase just implemented in September 2023. Video Link: https://www.youtube.com/watch?v=Uqs1nmg0pYk

    Zillow last checked: 7 hours ago

    Listing updated: April 09, 2024 at 02:53pm

    Listed by:

    Christopher Long,

    Keller Williams Realty Black Hills RC

    Bought with:

    Travis Haan

    Black Hills SD Realty

    Source: Mount Rushmore Area AOR,MLS#: 79708MLS Logo

    Facts & features

    Interior

    Heating
    • Natural Gas, Forced Air
    Cooling
    • Evaporative Cooling
    Interior area
    • Total structure area: 378,536
    • Total interior livable area: 378,536 sqft

    Property

    Parking
    • Parking features: Paved, On Street, Garage
    • Has garage: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 8.69 Acres

    Construction

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

    Community & neighborhood

    Location
    • Region: Rapid City
    • Subdivision: Superpumper Add
    Services availability