106 South Chicago Hot Springs SD 57747

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entire Black Hills region!

Property Information
Price $2,599,000.00

MLS
#165890
Price
$2,599,000.00
Type
Other
Style
Other
Area
Northern Hills
Subdivision
No Subdivision
Number of Units
20
Number of Acres
1.01 Acres
Lot Size
1.01 Acres
Year Built
1974

7 OTHER, Deadwood

Rare Investment Opportunity "KOPPER KEY APARTMENTS" in Historic Deadwood: This exceptional 20-unit apartment complex on Rodeo Street, nestled in the heart of Deadwood's historic allure, is a golden opportunity for savvy investors. Offering a mirrored layout of 1-bedroom, 1-bathroom units, including one ADA-compliant unit, this property combines accessibility with appeal. The amenities, including zero-entry access and storage closets in the common area. Recent unit renovations and fresh exterior paint (as of September 2023) add to the property's appeal. With current rents ensuring a strong cash flow, coupled with a consistent historical 100% occupancy rate and a usual waitlist due to its prime Deadwood location, This investment now boasts increased security along with a recent rent hike to $995.00 for all renters or tenants, capitalizing on its high demand and previously below-market rental prices, thereby enhancing your return on investment. Don't miss out, schedule your showing now!.

Contact Heartland Real Estate for more information at 605-745-6772
Listing Office: Real Broker - Spearfish, Phone:
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Address

106 South Chicago
Hot Springs, SD 57747

Phone

605-745-6772

Toll Free

877-208-6706