270 Landmark Ct - Apartments FOR SALE


Box Elder, SD 57719
$4,150,000 USD
605-646-5409
270 Landmark Ct, Box Elder, SD for Sale
$4,150,000 USD
Apartments - FOR SALE
1/6
null | 6.29% Cap Rate

270 Landmark Ct
Box Elder, SD 57719


HIGHLIGHTS

  • Located minutes from Ellsworth Air Force Base and near Rapid City's major employment and retail amenities.
  • More than half of the homes feature updated appliances and durable laminate flooring
  • Homes include permanent foundations and attached one-car garages

OVERVIEW

270 Landmark Ct presents an opportunity to acquire a 19-home residential investment portfolio in Box Elder, South Dakota, one of the fastest-growing communities in the Rapid City region. Located minutes from Ellsworth Air Force Base and adjacent to Rapid City, the property benefits from a well-established tenant base supported by military, contractor, and regional employment demand. The portfolio consists of individually platted homes, providing ownership flexibility through long-term hold, phased disposition, or individual home sales.

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$150 USD /SF

# OF UNITS

19

PRICE/UNIT

$218,421

CAP RATE

6.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Packet Harbor Point

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.48 AC

LAND SF

107,936 SF

ZONING

SFR

APN/PARCEL ID

2221452011,2221452012,2221452013,2221452014,2221453012,2221453013,2221453014,2221453015,2221453016,2221453017,2221454001,2221454002,2221454003,2221454004,2221454005,2221454006,2221454007,2221454008,2221454009

ASK ABOUT THIS PROPERTY

Kevin AndresonKeller Williams Black HillsMore Info
605-646-5409

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Kevin AndresonKeller Williams Black HillsMore Info
605-646-5409

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.