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12774 Hwy 18

Hot Springs, SD 57747
  • $525,000
  • STATUS: Active Under Contract
  • ON SITE: 28 Days
  • MLS #: 167887
Under Contract
UPDATED: 58 min ago
$525,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Great income opportunity with this 9 unit rental complex. Consisting of 6 manufactured homes, a small cottage, shop building, and a single camper site. The trailers have all been meticulously cared for and are in good condition. Location is right on the west end of Hot Springs. The rental market in Hot Springs is very tight and these units are a valuable asset for rental opportunities. Seller pays the water, and garbage. Waste is handled by three septic systems that will be pumped shortly. Tenants all pay their own electric. Seller is selling "as is, where is with no repairs or concessions". There is good growth potential with this property. Subject to buyer granting easement for the propane tank location at closing.

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© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway Homeservices | Midwest Realty. Data last updated: 2024-04-24T00:16:56.38.
www.blackhillssdproperties.com/homes/148912237
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12774 Hwy 18 Hot Springs, SD 57747

  • Price: $525,000
  • Status: Active Under Contract
  • On Site: 28 Days
  • Updated: 58 min ago
  • MLS #: 167887
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
No Subdivision
County:
Fall River
Area:
Southern Hills
Property Description
Great income opportunity with this 9 unit rental complex. Consisting of 6 manufactured homes, a small cottage, shop building, and a single camper site. The trailers have all been meticulously cared for and are in good condition. Location is right on the west end of Hot Springs. The rental market in Hot Springs is very tight and these units are a valuable asset for rental opportunities. Seller pays the water, and garbage. Waste is handled by three septic systems that will be pumped shortly. Tenants all pay their own electric. Seller is selling "as is, where is with no repairs or concessions". There is good growth potential with this property. Subject to buyer granting easement for the propane tank location at closing.
Exterior Features

Construction Other Entrance Private Entrance Lot Size 3.21 acres Lot Type Flat Parking Carport Roofing Other Style Other View HillsTrees

Interior Features

Cooling Other Foundation None Heating Other

Property Features

Auction YN No Documents On File Survey Features All Units Includes All Units Miscellaneous None Multifamily Type Other Possession Immediate Safety Features Other Sewer Septic Tenancy Type 1 Year Lease Vacancy Rate 0 - 5% Water City Will Sell CashNew Loan Zoning Conforming

© 2024 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of James Bultsma of HEARTLAND REAL ESTATE: 605-745-6772.


© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway Homeservices | Midwest Realty. Data last updated: 2024-04-24T00:16:56.38.
 
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Rapid City SD, 57701