270 Landmark Court
Property Description
Listed by Kevin Andreson, Keller Williams Black Hills | Single-Family Rental Portfolio - 19 Homes | Box Elder, SD Exceptional opportunity to acquire a 19-home single-family rental portfolio in the rapidly growing community of Box Elder, South Dakota, located just minutes from Rapid City and Ellsworth Air Force Base, home to the future B-21 Raider mission. The significant expansion planned at Ellsworth is expected to bring continued population growth and housing demand to the area. The portfolio consists of 19 modern single-family homes, each offering 3 bedrooms, 2 bathrooms, and a detached single-car garage. Built approximately 10 years ago, these homes feature maintenance-free exteriors and modern construction on permanent foundations, helping keep long-term operating and maintenance costs manageable. The portfolio includes 15 homes on crawl spaces with permanent foundations and 4 homes with full basements. Each property sits on its own separately platted lot, offering flexibility and long-term ownership value. Investment Highlights 19 single-family rental homes 3 bedroom / 2 bathroom floorplans Detached single-car garages Homes located on separately platted lots Maintenance-free exterior construction Tenants pay utilities 15 crawl space homes and 4 homes with full basements Strong rental demand driven by Ellsworth AFB and regional growth Excellent access and visibility from Exit 67 on I-90
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $4,150,000 |
| No. of Units: | 19 |
| Opportunity Zone: | No |
| Price per unit: | $218,421 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-MTRAORSD-87718
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