1051 Kennel Dr

    Rapid City, SD 57701
    • $1,700,000
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 144007
    $1,700,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    Area:

    School Ratings & Info

    Description

    YTD 2019 net income yielding a 9.65 cap rate! Malon Insulation Services has been a staple in the regional community for decades and now the owner wants to sell his business to an entrepreneur so that he can retire! Providing innovative solutions across an eight-state area, MIS is considered an industry leader in cutting-edge insulation and fireproofing systems and practices. "Properly installed systems delivered on time" is their motto. Jobs completed include over 1,300 private homes and apartments, multiple hotels like the Hilton Garden Inn & Suites and Watiki Waterpark hotels, small and large commercial buildings, the new Piedmont Elementary School, multiple Ellsworth Air Force Base buildings, Regional Hospital and Black Hills Energy's new corporate HQ. The current jobs contracted but not complete exceed $800,000 in revenue. This offering is for the business and the real property. Listed by Randy Olivier, RE/MAX Advantage and Trevor Johnson, The Real Estate Group.

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    © 2019 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: 2019-06-26T00:16:24.183.
    www.dupontrealestateteam.com/homes/95076088

    1051 Kennel Dr Rapid City, SD 57701

    • Price: $1,700,000
    • Status: Active
    • MLS #: 144007
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    City Center
    Area:
    City Center
    Property Description
    YTD 2019 net income yielding a 9.65 cap rate! Malon Insulation Services has been a staple in the regional community for decades and now the owner wants to sell his business to an entrepreneur so that he can retire! Providing innovative solutions across an eight-state area, MIS is considered an industry leader in cutting-edge insulation and fireproofing systems and practices. "Properly installed systems delivered on time" is their motto. Jobs completed include over 1,300 private homes and apartments, multiple hotels like the Hilton Garden Inn & Suites and Watiki Waterpark hotels, small and large commercial buildings, the new Piedmont Elementary School, multiple Ellsworth Air Force Base buildings, Regional Hospital and Black Hills Energy's new corporate HQ. The current jobs contracted but not complete exceed $800,000 in revenue. This offering is for the business and the real property. Listed by Randy Olivier, RE/MAX Advantage and Trevor Johnson, The Real Estate Group.
    Exterior Features

    Location Free StandingIndustrial Area View City

    Property Features

    Auction YN No Business Entity S-Corporation Business Type Service Documents On File Financial StatementsEquipment ListProfit/Loss Statements Employees 11 - 25 Land Included Real Estate Included Real Estate OwnedInclude in Price Tenant Pays Gas/ElectricWater/SewerReal Estate TaxesInsurance Training Included 4 - 12 Months

    © 2019 Black Hills Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Randy Olivier of Re/Max Advantage.


    © 2019 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: 2019-06-26T00:16:24.183.
     
    Dupont Real Estate Inc.
    1201 Mt. Rushmore Rd.
    Rapid City SD, 57701