Property Details

Description Tours

Excellent investment property with stable operations and large value add potential! Ideally located in an opportunity zone and tax credit district, LaCrosse Estates, located in Rapid City, SD, offers walk able living close to shopping, dining, transportation and many other commercial services while still located in a neighborhood like setting. Property has 265 units in 8 apartment buildings, a clubhouse with indoor pool and fitness center, garages, storage units, and amazing outdoor courtyard. Amenities include professional on-site management, controlled building access, smoke-free living, laundry facilities in each building, and 24/7 package kiosk. The property has great value add potential with kitchen upgrades, below market rent and expansion land available to the east. Offering Memorandum with unit mix, financial and capital improvement history available by request. Listed by Chris Long, Keller Williams Realty Black Hills/KW Commercial, 605-939-4489.

General Features
- Zoning Conforming
- Year Built 1985
- Area Northeast
- Auction Y/N No
- County Pennington
- MISCELLANEOUS Separate Meters,Master Meters,Pet Restrictions,Individual Heat & Air
- Subdivision OTHER
- View City
- Sale/Rent For Sale
Building Features
- Air Conditioning Wall
- Construction Brick/Veneer,Wood
- Foundation Poured Concrete
- Heating Forced Air, Hot Water, Baseboard
- ROOF Other
Property Features
- Lot Size 11.57
- INCLUDES Refrigerator,Range/Oven,Dishwasher,Washer,Dryer,Microwave
- Lot Type Flat
- WATER City
- PARKING Paved,Garage
- SEWER City

Contact

CHRISTOPHER LONG

KELLER WILLIAMS REALTY BLACK HILLS

Primary: 605-939-4489

Neighborhood

57701 (Rapid City) Demographics

34 Median Age

637 Population Density (per sq. mile)

33% College Educated

$41,316 Estimated Median Income

9,970 Estimated Total Home Owners

7,926 Estimated Total Renters

56% / 44% Estimated Owner / Renter Divide

3 Estimated Average Household Size

45,122 Total Population

Community data courtesy of LiveBy, Inc.

Schools Near Here

Elementary Schools

1

Public General Beadle Elementary - 01

Grades: PK - 5
Enrollment: 516

1

Public Grandview Elementary - 06

Grades: KG - 5
Enrollment: 458

1

Public Horace Mann Elementary - 07

Grades: KG - 5
Enrollment: 326

4

Public Jefferson Building - 64

Grades: PK - 12
Enrollment: 23

1

Public Knollwood Heights Elementary - 0

Grades: KG - 5
Enrollment: 482

1

Private Rapid City Lutheran Elem - 01

Grades: 2 - 10
Enrollment: 103

1

Public Rapid Valley Elementary - 12

Grades: PK - 5
Enrollment: 577

1

Public Robbinsdale Elementary - 14

Grades: KG - 5
Enrollment: 493

1

Public South Park Elementary - 16

Grades: KG - 5
Enrollment: 350

1

Private St Pauls Lutheran School

Grades: 2 - 13
Enrollment: 72

1

Public Woodrow Wilson Elementary - 17

Grades: KG - 5
Enrollment: 368

1

Private Zion Lutheran School

Grades: 2 - 10
Enrollment: 103

Middle Schools

4

Public Jefferson Building - 64

Grades: PK - 12
Enrollment: 23

2

Public North Middle School - 35

Grades: 6 - 8
Enrollment: 520

1

Private Rapid City Lutheran Elem - 01

Grades: 2 - 10
Enrollment: 103

2

Public South Middle School - 36

Grades: 6 - 8
Enrollment: 656

1

Private St Pauls Lutheran School

Grades: 2 - 13
Enrollment: 72

1

Private Zion Lutheran School

Grades: 2 - 10
Enrollment: 103

High Schools

3

Private Black Hills Lutheran Schools

Grades: 11 - 15
Enrollment: 14

3

Public Central High School - 41

Grades: 9 - 12
Enrollment: 1809

4

Public Jefferson Building - 64

Grades: PK - 12
Enrollment: 23

3

Public Lincoln Building - 44

Grades: 12 - 12
Enrollment: 29

3

Public Rapid City High School - 45

Grades: 9 - 12
Enrollment: 363

1

Private Rapid City Lutheran Elem - 01

Grades: 2 - 10
Enrollment: 103

1

Private St Pauls Lutheran School

Grades: 2 - 13
Enrollment: 72

1

Private Zion Lutheran School

Grades: 2 - 10
Enrollment: 103

School data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$0 Median Sales Price

0 Homes Sold

83 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source	New Value: $24,800,000
4/1/2020 9:24:00 AM	New in Database Source	New Value: $24,800,000

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*This Payment Calculator is intended for educational and planning purposes only.
**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Black Hills Association of REALTORS®.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

761 E ANAMOSA $24,800,000

761 E ANAMOSA Rapid City, SD 57701

$24,800,000

Go Tour This Home

Property Details

Contact

CHRISTOPHER LONG

KELLER WILLIAMS REALTY BLACK HILLS

Neighborhood

57701 (Rapid City) Demographics

Schools Near Here

Elementary Schools

Middle Schools

High Schools

Market Last 30 Days In This Postal Code

Average Days on Site

Properties for Sale

Property History

Payment Calculator