4225 APPLE TREE RD
RAPID CITY, SD 57703

$1,300,000

N/A Beds

0 Baths

N/A Sq Ft

Status Active

MLS# 167419

Cottonwood Grove is an ideal investment opportunity for both seasoned investors and those looking to enter the real estate market. With its strategic location near the Rapid City Regional Airport, it attracts a diverse range of potential tenants. The 14 mobile home lots provide a steady stream of rental income, offering residents the flexibility of mobile home living. The mobile home rental offers a larger living space and is an attractive option for those seeking a more permanent housing solution The single-family home is perfect for families or individuals who desire a detached living space with a yard. The 3-unit apartment building attracts tenants looking for a multi-family living arrangement or additional income generating opportunities. The efficiency apartment is ideal for single individuals or couples seeking a more compact yet convenient living space. In addition to the existing rental options, the property boasts significant potential for further development.

Details for 4225 APPLE TREE RD

Built in 1950

Electric,Window

Forced Air, Gas

93 Days on website

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1950

Exterior And Lot

Parking Features

See Remarks

Zoning

Conforming

Utilities

Cooling

Electric, Window

Heating

Forced Air, Gas

Area And Schools

City

Rapid City

Subdivision Name

Other

Additional Info

Auction Y/N

LOT TYPE

Flat

MISCELLANEOUS

Separate Meters,master Meters,individual Water Heaters

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Agent

FORREST THOMPSON

Listing Office

RE/MAX ADVANTAGE, 605-343-7653

Updated

8:00am UTC- 5/23/2024

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