1050 Valley
Rapid City, SD 57703
Moonlight Apartment Complex · Land For Sale · 3.73 AC

Moonlight Apartment Complex. 6 units with 15 apartments per unit. 3 sets of garages each with 18 spaces. Garage spaces will rent for $100 per month. Each building has 3 studio apartments of 558 sq ft that will rent for $949. 6 one bedroom 1 bath apartments at 774 sq ft that will rent for $1250 per month. 6 2 bedroom, 2 bath at 1013 sq ft renting for $1450. Building A will be completed on September 1st and building B on October 1st with one set of garages. Buildings 3 and 4 with another 18 garages scheduled for completion January 2023. Building 5 and 6 scheduled for March of 2023. Appliances will be Whirlpool stainless steel. Refrigerator, Range, Microwave and dishwasher. Washer and dryer are white stackable set in each apartment. High Treadwear carpet in building corridors and stairs. Carpet in bed rooms. LVF vinyl flooring in kitchen, living room, bathrooms and washer dryer closet. Trex decking. All metal railing balconies. 440 foot metal fence parallel to Valley Drive and two apartment complex name signs. Blinds in all windows. Complete apartment surveillance system with recording ability for all buildings exterior and interior common areas. Complete landscaping package with plantings, sod and sprinkler system. 1000 foot of new 12 inch water line installed in 2022. Fire suppression system approved by Rapid City fire department. 54 garages total all with drywall, taped and textured, garage door opener with remote. Two tone cabinets in kitchens with matching laminated counter tops and stainless steel sinks. Each building will rent for $19047 per month. Each garage set will rent for $1800 per month. When completed all six buildings will rent for $ per month plus $5400 for garages. Seller will entertain contract where buyer pays as buildings are completed and all rents turned over to new buyer. General contractor is Mac Construction with over 40 years of building experience. Email me for plans. File is to large for MLS.