Affordable senior housing facility with 30 units, professional management, on-site facility manager and maintenance staff in place. Located just off Main Street in Downtown Kadoka. HAP contract. Recent $23K investment in building renovations. New roof/fascia/gutters/downspouts in 2022 ($150K). Average monthly rent is $831 and is adjusted annually. Significant upside opportunity with improved operations now that renovations are complete. Limited competition in the market. Listed by Chris Long, 605-335-8100, Keller Williams Realty Black Hills, KW Commercial.
Sold for $1,050,000
Zillow last checked:
Listing updated:
Bought with:
Lonnie Doney
Keller Williams Realty Black Hills SP
Source: Mount Rushmore Area AOR,MLS#: 75407
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2023 | Listing removed | -- |
Source:  Black Hills AOR #162919 Report a problem | ||
| 12/28/2023 | Sold | $1,050,000-16%$16/sqft |
Source:  Mount Rushmore Area AOR #75407 Report a problem | ||
| 4/1/2023 | Contingent | $1,250,000$19/sqft |
Source: Black Hills AOR #162919 Report a problem | ||
| 3/22/2023 | Listed for sale | $1,250,000$19/sqft |
Source: Mount Rushmore Area AOR #75407 Report a problem | ||
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