BEDS0
BATHS
MLS#87954
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNone
SCHOOLRapid City
Property Description
Listed by TJ Wojtanowicz at Black Hills Realty 605-863-1920. Exceptional investment opportunity in Rapid City! This 16-unit multifamily property located at 1920 & 1930 Monte Vista Drive features all 2-bedroom, 2-bath units, each offering a functional layout with private patio or deck space. The property shows strong, consistent rental performance with average rents of $1,300 per unit, providing immediate cash flow with additional upside potential through future rent adjustments. Units are highly desirable due to their size, layout, and outdoor living space?appealing to long-term tenants and helping maintain occupancy. Situated in a convenient location with easy access to shopping, dining, and major corridors, this asset offers both stability and growth potential for investors looking to expand their portfolio in the Rapid City market. Opportunities like this?well-performing, multi-unit properties with solid unit mix and income?are hard to find. Don't miss your chance to own a proven income-producing asset!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Refrig. Wall Unit
Days on Market: 18
Heating: Electric, Radiant Ceiling
Home Style: 2 Story
Lot Size: 0.82 Acres
Roof Type: Composition
Year Built: 2003
Feature Descriptions
Exterior: LT Smartside
Exterior: Paved Street
Lot Dimensions: 0
Safety Features: Smoke Detectors, Sprinkler System, Fire Alarm, Handicap Access, Security System
Local Schools
School District: Rapid City
Listed By / Shown By
Listed By
Agency Name: Black Hills SD Realty
Shown By
Agency Title: Battle Creek Agency
Agency Phone: (605) 255-5500
Estimate Your Payment
Estimated Payment
$ 8,641.30 per month $8,079.85 Principal & Interest $0.00 Property Tax (data not provided by mls) $561.46 Homeowner's Insurance