4815 5th St, Rapid City, SD 57701

ATTENTION INVESTORS! Excellent opportunity to acquire a 165-unit apartment complex consisting of 11 buildings with 15 apartments per building, plus 72 garage stalls. The property includes 4 garage buildings with 18 stalls each, currently renting for $100/month per stall. Each apartment building features 3 studio units at approximately 558 sq ft renting for $900/month, 6 one-bedroom/one-bath units at approximately 774 sq ft renting for $1,100/month, and 6 two-bedroom/two-bath units at approximately 1,013 sq ft renting for $1,400/month. Apartments feature Whirlpool stainless steel refrigerator, range, microwave and dishwasher, along with a white stackable washer and dryer in each unit. Interior finishes include carpeted bedrooms, LVF vinyl flooring throughout kitchens, living rooms, bathrooms and laundry closets, laminate countertops, stainless steel sinks and blinds throughout. Exterior and common-area features include Trex maintenance-free decking, metal railings and balconies,...