106 South Chicago Hot Springs SD 57747

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entire Black Hills region!

Property Information
Price $1,200,000.00

MLS
#170198
Price
$1,200,000.00
Type
Multiplex
Style
Multiplex
Area
Outside Black Hills
Subdivision
No Subdivision
Number of Units
24
Number of Acres
1.125 Acres
Lot Size
1.125 Acres
Year Built
1979

810 W 10TH ST, Winner

Frontier Apartments in Winner, SD is a 24-unit housing complex comprised of (3) 8-plex units. Each building has (1) ground level handicap accessible unit (not fully ADA compliant) that is 1 Bed / 1 Bath. The other 21 units are 2 Bed / 1 Bath units. Property is under the Rural Development Rural Housing Program Section 515 and is income-based and receives rental assistance. Basic rental rates: 1 Bed - $770 | 2 Bed - $785. Note Rates: 1 Bed - $908 | 2 Bed - $923. Coin operated laundry rooms in each building. Historically low vacancy rates. Property manager in place and open to continue to manage with a new owner, otherwise, new management may need Rural Development approval.

Contact Heartland Real Estate for more information at 605-745-6772
Listing Office: Engel & Voelkers Black Hills, Llc, Phone:
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Address

106 South Chicago
Hot Springs, SD 57747

Phone

605-745-6772

Toll Free

877-208-6706