106 South Chicago Hot Springs SD 57747

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Property Information
Price $589,000.00

MLS
#71446
Price
$589,000.00
Type
Other
Style
1 Story
Area
Harding County
Subdivision
No Subdivision
School District
Buffalo
Number of Units
8
Total Bldg Sq Ft
6496
Year Built
1980

109 Airport Road, Buffalo

Call or Text Listing Agent - Cathy Buckmaster - The Real Estate Center of Spearfish - 605-210-2222 for more information. This property has been used as an assisted living. The tenants have been given notice that the property is being sold as an apartment complex. Current comparable rental rates in the area for 1 bedroom apartments has been $700 per month plus utilities. Current owners could not lease any apartments out until it was no longer an assisted living, but continually get calls to rent. Each unit is a one bedroom, with private bath, kitchen and living room. Each unit has a refrigerator, electric range, and a/c unit. There is a common area, which has been used as a dining and visitation room in the center of the facility. This could easily be converted into another apartment. There is a washer and dryer in the common area that has been used to do all tenants laundry that will go with the facility. Currently the building was switched to one electrical meter, but the 8 separate meters are still in, and will be re-connected so each unit pays for their own electricity. The current owners have updated all apartments since purchasing, complete with new fence to the south, concrete pad and ramp to the gazebo, and ramps connecting sidewalks, installed fake turf in front of building, added rock landscaping around perimeter, added a garden to the south of the building, painted the exterior and interior of the building,

Contact Heartland Real Estate for more information at 605-745-6772
Listing Office: The Real Estate Center Of Spearfish, Phone: 605-642-2525
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Address

106 South Chicago
Hot Springs, SD 57747

Phone

605-745-6772

Toll Free

877-208-6706