1100-1122 Roth Lane

Estimated Monthly Payment: $3,352/mo 1100-1122 Roth Lane, Belle Fourche, SD 57717 MLS# 60644 Other Listing Status: ACTIVE
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REMARKS:

Contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. This multi-family investment property near the industrial park in Belle Fourche includes 6 buildings with 17 residential units, and 1 commercial 30x40’ shop unit. The seller estimated the CAP rate at over 10% & a vacancy rate of less than 5%. Maintained county road leads to the property which is located near the industrial park in Belle Fourche. This property currently accepts housing subsidies, and several units are ground level with no stairs and ADA compliant. There are 10 1-bdrm/1-bath units, 2 3-bdrm/2 bath units, 1 2-bdrm/1 bath unit, 1 4-bdrm/1.5 bath unit, and 3 studio apartments. All have private laundry except for the studio units. The property does have space to expand by adding additional buildings or storage units. 3 of the buildings are modular on a permanent foundation, and the other 3 are stick built structures. Information was taken from county records, and buyer

OVERVIEW:

Other
ACTIVE
Belle Fourche
Other-See Remarks
Side/Side
2012
Shed, Outbuildings, Unpaved Street
Composition
Electric
Wall Evap.
5
View

FEATURES:

Frame

SCHOOLS:

Belle Fourche

FINANCIAL:

$735,000
Rent Only

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Great Peaks Realty

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Great Peaks Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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