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1050 Valley Dr

Rapid City, SD 57701
  • $16,500,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 179267
UPDATED: 11 min ago
$16,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2021
County:
Area:

School Ratings & Info

Description

Moonlight Apartment complex. 6 units with 15 apartments per unit. 3 sets of 18 private garages. Garage rents for $100 per month. Efficiency apartments are $995 per month. One bedroom apartments $1200 per month. Two bedroom apartment is $1400 per month. Each building has 3 studio apartments, 6 one bedroom apartments and 6 two bedroom apartments. Studio apartments are 558 square feet. One bedrooms are 774 square feet and two bedroom apartment is 1013 square feet. All appliances are stainless steel. Each unit has a refrigerator, range/oven, microwave and dishwasher. Each unit has stacked washer and dryer. Vinyl plank flooring in building corridors and stairs with steel railings for low maintenance. Balconies or patio on all units. Bedrooms are carpeted. LVF vinyl flooring in kitchen, living rooms and baths. All balcony decks are Trex. 440 foot metal fence parallel to Valley Drive and two large apartment complex name signs. Blinds in all apartments. Complete apartment surveillance system with recording ability for all units exterior and interior common areas. Completely landscaped with sprinkler system. Napco fire link fire suppression system approved by Rapid City fire department. Garages are taped and textured with garage door openers with remote. Two tone cabinets in kitchens. Matching laminated counter tops and stainless steel sinks. Tenants pay water and electric. Owner pays for garbage, lawn care and snow removal. Last two units were completed by Mac Construction in 2022. Newer access through to Anamosa Street making it extremely convenient for tenants to get to shopping and the base. One owner who is retiring. This complex is ready to go and in excellent like new condition. Efficiency apartments and 1 bedrooms have mini split heating and cooling. 2 bedroom apartments have for air furnace.

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© 2026 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dupont Real Estate Inc.. Data last updated: 2026-06-14T00:16:15.923.
www.dupontrealestateteam.com/homes/177002844
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1050 Valley Dr Rapid City, SD 57701

  • Price: $16,500,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 11 min ago
  • MLS #: 179267
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2021
Built
Neighborhood:
Diamond Ridge Subd
County:
Pennington
Area:
Rapid Valley
Property Description
Moonlight Apartment complex. 6 units with 15 apartments per unit. 3 sets of 18 private garages. Garage rents for $100 per month. Efficiency apartments are $995 per month. One bedroom apartments $1200 per month. Two bedroom apartment is $1400 per month. Each building has 3 studio apartments, 6 one bedroom apartments and 6 two bedroom apartments. Studio apartments are 558 square feet. One bedrooms are 774 square feet and two bedroom apartment is 1013 square feet. All appliances are stainless steel. Each unit has a refrigerator, range/oven, microwave and dishwasher. Each unit has stacked washer and dryer. Vinyl plank flooring in building corridors and stairs with steel railings for low maintenance. Balconies or patio on all units. Bedrooms are carpeted. LVF vinyl flooring in kitchen, living rooms and baths. All balcony decks are Trex. 440 foot metal fence parallel to Valley Drive and two large apartment complex name signs. Blinds in all apartments. Complete apartment surveillance system with recording ability for all units exterior and interior common areas. Completely landscaped with sprinkler system. Napco fire link fire suppression system approved by Rapid City fire department. Garages are taped and textured with garage door openers with remote. Two tone cabinets in kitchens. Matching laminated counter tops and stainless steel sinks. Tenants pay water and electric. Owner pays for garbage, lawn care and snow removal. Last two units were completed by Mac Construction in 2022. Newer access through to Anamosa Street making it extremely convenient for tenants to get to shopping and the base. One owner who is retiring. This complex is ready to go and in excellent like new condition. Efficiency apartments and 1 bedrooms have mini split heating and cooling. 2 bedroom apartments have for air furnace.
Exterior Features

Construction HardboardStone/Veneer Entrance Community Entrance Lot Size 3.73 Acre Lot Type Flat Parking GaragePavedSee Remarks Roofing Composition View MeadowPrairieTrees

Interior Features

Cooling CentralElectricMini Split Foundation Crawl SpacePoured Concrete Heating ElectricForced AirOther (See Remarks)

Property Features

Auction YN No Documents On File Financials Features Some UnitsWindow CoveringsPatioBalcony/Deck Miscellaneous Dead Bolt LocksIndividual Heat & AirIndividual Water HeatersSeparate Meters Multifamily Type Multiplex Possession Immediate Safety Features Fire AlarmFire WallHandicap AccessSecurity SystemSmoke DetectorsSprinkler System Sewer City Tenancy Type 1 Year Lease Vacancy Rate 5 - 10% Water City Zoning Conforming

© 2026 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Art Koscielski of BLACK HILLS REALTY: 605-791-2249.


© 2026 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dupont Real Estate Inc.. Data last updated: 2026-06-14T00:16:15.923.
 
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Dupont Real Estate Inc.
1211 Mt. Rushmore Rd.
Rapid City SD, 57701