118 Main St | Rapid City, SD 57701
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118 Main St
Rapid City, SD 57701
City Apartments · Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- 9 units - (7) 1 bed/1 bath ground floor apartments - 750 SF each, (1) 2 bed/2.5 bath 2nd floor apartment - 1,500 SF, (1) ground floor commercial suite
- Covered parking structure to the west for tenants
- Modern amenities in each unit
- Walking distance to SDSM&T, Main Street Square, downtown restaurants/nightlife, city parks and bike trails
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.43 AC |
| Property Type | Multifamily | Building Size | 8,600 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1959/2017 |
| Building Class | B | Parking Ratio | 1.74/1,000 SF |
| Zoning | Urban Commercial | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.43 AC |
| Building Size | 8,600 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1959/2017 |
| Parking Ratio | 1.74/1,000 SF |
| Zoning | Urban Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Hardwood Floors
- Refrigerator
- Tub/Shower
- Island Kitchen
- Loft Layout
- Skylights
- Smoke Free
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | $912.50 | 750 |
| 2+2 | 1 | $1,200 | 1,600 |
| 1+1 | 1 | $1,300 | 1,600 |
PROPERTY TAXES
| Parcel Number | 3701206011 | Improvements Assessment | $1,193,300 |
| Land Assessment | $281,000 | Total Assessment | $1,474,300 |
PROPERTY TAXES
Parcel Number
3701206011
Land Assessment
$281,000
Improvements Assessment
$1,193,300
Total Assessment
$1,474,300
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