810 W 10th St Under Contract

Winner,SD 57580

$ 1200000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Under Contract

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 170198

Style 2 Story

Year Built 1979

Property Sub-Type Multiplex

Property Description

Frontier Apartments in Winner, SD is a 24-unit housing complex comprised of (3) 8-plex units. Each building has (1) ground level handicap accessible unit (not fully ADA compliant) that is 1 Bed / 1 Bath. The other 21 units are 2 Bed / 1 Bath units. Property is under the Rural Development Rural Housing Program Section 515 and is income-based and receives rental assistance. Basic rental rates: 1 Bed - $770 | 2 Bed - $785. Note Rates: 1 Bed - $908 | 2 Bed - $923. Coin operated laundry rooms in each building. Historically low vacancy rates. Property manager in place and open to continue to manage with a new owner, otherwise, new management may need Rural Development approval.

Location

State SD

County Other

Area Outside Black Hills

Zoning Unknown

Interior

Heating Electric

Cooling Wall

Exterior

Roof Type Composition

Building

Foundation Crawl Space

Sewer City

Water City

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