106 South Chicago Hot Springs SD 57747

Call Us Now 605-745-6772

Serving the

entire Black Hills region!

Property Information
Price $690,000.00

MLS
#164981
Price
$690,000.00
Type
Commercial
Area
Southwest
Type of Lot
Commercial
Number of Acres
2.6
Lot Size
approx 2.6 acre
Price Per Acre
265385
Subdivision
PARK WEST CONDOMINIUMS

TBD FAIRWAY HILLS DR, Rapid City

Business Opportunity. Seller is selling an LLC holding the remaining development rights for Vista Park Condominiums at Fairway Hills. This includes the rights to build the additional 3 condominium buildings (which includes 24 individual units and basement garage spaces in each building for a total of 72 additional units to be built) as set forth under the Master Deed of Vista Park Condominiums. The size and layout of the buildings and individual units is set forth in the Master Deed. The Master Deed covers the remainder of Block 11 of Fairway Hills PRD, as shown on the plat filed in Plat Book 34, Page 96. The purchase will be in the form of a sale and transfer of 100% membership interest in an LLC holding the development rights. Seller has confirmed with the City of Rapid City that the remaining buildings can be built but Buyer must do their own due diligence regarding current City requirements and what is permitted and required under the Master Deed.

Contact Heartland Real Estate for more information at 605-745-6772
Listing Office: Coldwell Banker Black Hills Legacy, Phone:
Contact Us
Map
Save Listing

Address

106 South Chicago
Hot Springs, SD 57747

Phone

605-745-6772

Toll Free

877-208-6706