4815 5TH STREET Rapid City SD 57701

ATTENTION INVESTORS: 165 units with 72 garage stalls. 11 Buildings with 15 apartments per unit. 4 sets of garages each with 18 spaces. Garage spaces rent for $100 per month. Each building has 3 studio apartments of 558 sq ft that rent for $900 per month. 6- 1 bedroom 1 bath apartments at 774 sq ft that rent for $1100 per month. 6 -2 bedrooms, 2 bath at 1013 sq ft renting for $1400. Appliances will be Whirlpool stainless steel. Refrigerator, Range, Microwave and dishwasher. Washer and dryer are white stackable set in each apartment. Maintenance Free decking and railings in building corridors and stairs. Carpet in bedrooms. LVF vinyl flooring in kitchen, living room, bathrooms and washer dryer closet. Trex decking. Metal railing, balconies. Maintenance Free Fencing along the back retaining wall. Blinds in all windows. Complete landscaping package with plantings, sod, and sprinkler system. Fire suppression system approved by Rapid City Fire Department. 72 garages total all with drywall, taped, garage door opener with remote. Laminate countertops and stainless-steel sinks. Tenants pay for electricity. The owner pays for garbage, Sewer, water, lawn care, and snow removal. Current property management is in place and has high occupancy. The listing agent is a member of the selling LLC. Broker Owned.

Newly built building in 2022. Low vacancy, superb location in Rapid City, SD, Property Management in place, Call about financing details from current lender