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7 Other

Deadwood, SD 57732
  • $2,599,000
  • STATUS: Active
  • ON SITE: 255 Days
  • MLS #: 165890
$2,599,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

Description

Rare Investment Opportunity "KOPPER KEY APARTMENTS" in Historic Deadwood: This exceptional 20-unit apartment complex on Rodeo Street, nestled in the heart of Deadwood's historic allure, is a golden opportunity for savvy investors. Offering a mirrored layout of 1-bedroom, 1-bathroom units, including one ADA-compliant unit, this property combines accessibility with appeal. The amenities, including zero-entry access and storage closets in the common area. Recent unit renovations and fresh exterior paint (as of September 2023) add to the property's appeal. With current rents ensuring a strong cash flow, coupled with a consistent historical 100% occupancy rate and a usual waitlist due to its prime Deadwood location, This investment now boasts increased security along with a recent rent hike to $995.00 for all renters or tenants, capitalizing on its high demand and previously below-market rental prices, thereby enhancing your return on investment. Don't miss out, schedule your showing now!.

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© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers Black Hills LLC. Data last updated: 2024-06-14T00:16:28.693.
www.rapidcityhomes4sale.com/homes/143996911
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7 Other Deadwood, SD 57732

  • Price: $2,599,000
  • Status: Active
  • On Site: 255 Days
  • MLS #: 165890
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1974
Built
Neighborhood:
No Subdivision
County:
Pennington
Area:
Northern Hills
Property Description
Rare Investment Opportunity "KOPPER KEY APARTMENTS" in Historic Deadwood: This exceptional 20-unit apartment complex on Rodeo Street, nestled in the heart of Deadwood's historic allure, is a golden opportunity for savvy investors. Offering a mirrored layout of 1-bedroom, 1-bathroom units, including one ADA-compliant unit, this property combines accessibility with appeal. The amenities, including zero-entry access and storage closets in the common area. Recent unit renovations and fresh exterior paint (as of September 2023) add to the property's appeal. With current rents ensuring a strong cash flow, coupled with a consistent historical 100% occupancy rate and a usual waitlist due to its prime Deadwood location, This investment now boasts increased security along with a recent rent hike to $995.00 for all renters or tenants, capitalizing on its high demand and previously below-market rental prices, thereby enhancing your return on investment. Don't miss out, schedule your showing now!.
Exterior Features

Construction Frame Entrance Community Entrance Lot Size 1.01 Acres Lot Type CornerFlat Parking Street Roofing Other Style 1 Story View Hills

Interior Features

Cooling Window Foundation Other Heating Baseboard

Property Features

Auction YN No Documents On File Other Features All UnitsSome Units Includes All UnitsSome Units Miscellaneous Separate Meters Multifamily Type Other Possession Negotiable Safety Features Smoke Detectors Sewer City Tenancy Type Month to MonthMultiple Vacancy Rate 0 - 5% Water City Will Sell CashContract for DeedNew Loan Zoning Unknown

© 2024 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Jeffery Christians of REAL BROKER - SPEARFISH: 605-609-1056.


© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers Black Hills LLC. Data last updated: 2024-06-14T00:16:28.693.
 
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Engel & Voelkers Black Hills LLC
517 Main Street
Rapid City SD, 57701