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The Palms
Property Description
The Palms Apartments is a 108-unit complex of four apartment buildings situated in the heart of Rapid City’s busiest commercial corridor. Built between 1968 & 1972, the property was converted from an extended stay motel to multifamily housing in 2012. There is a great mix of 51 studios & 57 one-bed units, offering efficient but welcoming unit types. The property is currently 98% occupied.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 108 |
| Year Built: | 1972 |
| Opportunity Zone: | No |
| Property Website | Click Here |
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