$860,000
5 acres
44.9142 -103.808
FOR SALE

1100-1122 Roth Lane Belle Fourche, SD 57717

$860,000
Est. Monthly $3,759 recalculate
5 acres
 

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CENTURY 21 Spearfish Realty
123 East Jackson Boulevard
Spearfish, SD 57783
605.­642.4607
605.­642.4607
CENTURY 21 Spearfish Realty
123 East Jackson Boulevard Spearfish, SD 57783
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1100-1122 Roth Lane
Belle Fourche, SD 57717

Explore This Property

Multi-Family (2-4 Units) - Call or Text Listing Agent - Jason Richards - The Real Estate Center of Spearfish - 605-381-1087 for more information. Cash Cow! This is an excellent income property and is hard to find in the Northern Black Hills. 5 Acres of land located close to Highway 85, by industrial park on the north side of Belle Fourche with a multi-building apartment complex consisting of 6 newer apartment buildings (2012 construction or newer) with 17 total rental apartments PLUS a 30x40 shop. Currently this property is 100% occupied but even using a 5% vacancy rate when figuring your Net Income, the CAP rate is favorably close to 9%. Of the 17 apartment units, there is 1-four BR unit, 2-three BR units, 1-two BR unit, 10-one BR units, and 3-studio apartments. There is a reduced rate for heating through Butte Electric on all buildings. Sprinkler fire suppression systems in all but one apartment building. Buyer is responsible for verifying all information on this MLS document.
MLS # 53570
Courtesy Of The Real Estate Center of Spearfish

Property Features

  • Appliances: Dryer, Refrigerator, Washer
  • Architecture Style: Other
  • Lot Size: 5 Acres
  • Parking Type: Paved or Surfaced
  • Roof Type: Unknown

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $3,759Your estimated monthly payment
    $172,00020% Down Payment
    $860,000 $774,000
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    SOUTH PARK ELEMENTARY - 03
    Grades K-4 | Public School

    BELLE FOURCHE, SD 57717
    2305 13TH AVE
    605-723-3382
    18.4
    miles

    Total Students 526
    Student Teacher Ratio 15:1

    School Rating

    1 star View School Details
    Middle School
    BELLE FOURCHE MIDDLE SCHOOL - 07
    Grades 5-8 | Public School

    BELLE FOURCHE, SD 57717
    2305 13TH AVE
    605-723-3367
    18.4
    miles

    Total Students 390
    Student Teacher Ratio 13:1

    School Rating

    2 stars View School Details
    High School
    BELLE FOURCHE HIGH SCHOOL - 01
    Grades 9-12 | Public School

    BELLE FOURCHE, SD 57717
    2305 13TH AVE
    605-723-3350
    18.4
    miles

    Total Students 358
    Student Teacher Ratio 14:1

    School Rating

    5 stars View School Details
    BELLE FOURCHE EDUCATION CONNECTION - 09
    Grades 9-12 | Public School

    BELLE FOURCHE, SD 57717
    2305 13TH AVE
    605-723-0955
    18.4
    miles

    Total Students 27
    Student Teacher Ratio 9:1
    View School Details

    Local Area Information for Belle Fourche, SD 57717

    Median Age: 39.3
    Married: 41.8%
    Number of Households: 3,362
    Households with Children: 770
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.