3900-3951 Doral Dr, Rapid City, SD 57702
Local realty services provided by:CENTURY 21 ClearView Realty
3900-3951 Doral Dr,Rapid City, SD 57702
$5,900,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: bo hauer, maria sieck
Office: coldwell banker black hills legacy
MLS#:176469
Source:SD_BHMLS
Price summary
- Price:$5,900,000
About this home
Exceptional Investment Opportunity – The Doral Apartments, Fairway Hills~Nestled in the prestigious Fairway Hills neighborhood, directly across from the renowned Arrowhead Country Club, the Doral Apartments present an extraordinary opportunity to own a resort-style multifamily community unlike any other in Rapid City. This beautifully maintained property is set on 10 acres of private park land, offering residents the rare combination of peaceful natural surroundings and convenient city access. The lush, landscaped grounds feature mature trees, winding walking paths, and serene open spaces, providing a tranquil retreat from the bustle of every day life. Community amenities are designed to elevate the resident experience, including a sparkling outdoor pool, modern playground and a spacious community center ideal for private functions, social gatherings, and celebrations. A unique feature of this property is the inclusion of two large guest suites within the community center, available for short-term rental to residents hosting visitors, adding both convenience and a distinctive value proposition. Each apartment home offers a generous floor plan, private garage space and dedicated storage units, ensuring long term tenant satisfaction and ease of leasing. The property’s reputation for comfort and quality contributes to consistently low vacancy rates. Meticulously cared for, the complex has benefited from significant updates, including new shingles, gutters and metal fascia installed within the past three years, ensuring durability and reduced maintenance costs for years to come. Strategically located just minutes from Downtown Rapid City, major shopping centers and the medical district, the Doral Apartments combine accessibility, prestige and enduring appeal, making this a truly rare and rewarding investment opportunity in one of the city’s most desirable areas.
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Home facts
- Year built:1979
- Listing ID #:176469
- Added:64 day(s) ago
- Updated:December 17, 2025 at 06:56 PM
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Year built:1979
Finances and disclosures
- Price:$5,900,000
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