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$16,500,000

1050 Valley View Drive, Rapid City SD, 57701

Built in2021
Property typeMulti-family

Overview

Active

Listed May 29, 2026

Updated Jun 10

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.

$109,775/mo

Est. mortgage payment based on a $16,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Pets Allowed
Yes

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the SD - Mount Rushmore Area Association of REALTORS®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Falina Selchert shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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