

































For Sale
For Sale
-
Year Built
1940
-
Total Building Size
12,000 RSF
-
Overview
INVESTMENT OPPORTUNITY | 15-unit apartment complex on Hwy 385 between Lead and Deadwood right along the Mickelson Trail. Mix of 8 efficiencies with common kitchen and living areas, 6 one and two bedroom apartments ranging from $225 to $570 per month, and one office currently leased by SD Department of Health for $1,877 (new 5 year lease just signed). Lots of parking available across the street and adjacent to the building. Well-maintained building recently improved with new sidewalk to the office, sealed concrete around the building, new gravel in the parking lot and new hallway flooring. Low vacancy rate and great cap!
Property Details
Multifamily For Sale
INVESTMENT OPPORTUNITY | 15-unit apartment complex on Hwy 385 between Lead and Deadwood right along the Mickelson Trail. Mix of 8 efficiencies with common kitchen and living areas, 6 one and two bedroom apartments ranging from $225 to $570 per month, and one office currently leased by SD Department of Health for $1,877 (new 5 year lease just signed). Lots of parking available across the street and adjacent to the building. Well-maintained building recently improved with new sidewalk to the office, sealed concrete around the building, new gravel in the parking lot and new hallway flooring. Low vacancy rate and great cap!
- Property TypeMulti-Family
- Year Built1940
- Sale Price$599,000
- Total Building Size12,000RSF
- Total Acres1.12
- Property ID2128816
Landlord's Sales Representative
See your financing options
