Listed by Tony Marshall, 605-391-8669. A rare opportunity to acquire 7 duplexes and 1 triplexâall maintained and all in close proximity of each other in the Blaine/N. Maple neighborhoods. These properties have long-term, high-performing rent rolls with stable occupancy and proven cash flow, making them an exceptional addition to any portfolio. The current owner has relocated out of the area and the long-time maintenance manager is retiring, creating a natural transition point for a new investor to step in and supercharge their real estate portfolio. Offered at an 8.5% cap rate based on trailing 12-month performance, supported by consistent rental history. Currently, 12 of the 17 units have at least 6 months remaining on their leases. Seller financing will be considered for qualified buyers, providing flexible acquisition options. Property features across the portfolio include: Side-by-side and up/down layouts, units with 2-car garages, walkouts and raised ranch designs, coin-operated laundry in select buildings, multiple storage sheds & fenced yards. This is a turnkey, income-producing portfolio with strong fundamentals. Investors seeking durable cash flow and geographic efficiency will find tremendous value here.
Presented By: CINC REALTY LLC
Interior Features for 1 Other
Other Interior Features
Total Number of Units17
Unit FeaturesAll Units, Some Units, Window Coverings, Fenced Area, LR/DR Combo, Common Utility Room, Individual Water Heaters, Individual Heat, Laundry Hookups, Fenced Yard
General for 1 Other
Auction Y/NNo
CityRapid City
CoolingNone, Wall
CountyPennington
Docs on FileOwner Operating Stmt, Survey, Leases, Property Disclosure
Public RemarksListed by Tony Marshall, 605-391-8669. A rare opportunity to acquire 7 duplexes and 1 triplexâall maintained and all in close proximity of each other in the Blaine/N. Maple neighborhoods. These prop
RoofComposition
SewerCity (at site)
StatusACTIVE
Status Detail0
SubdivisionOTHER
TermsCash, Contract for Deed, New Loan, Owner carry 2nd Mortgage
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