10/19/2026
π‘ **INVESTMENT OPPORTUNITY | Southeast Rapid City** π‘
Explore this well-established, well-maintained, income-producing 80-unit apartment community situated on approximately 8.69 acres in Southeast Rapid City. With strong occupancy, consistent rental demand, desirable floor plans, and an impressive collection of amenities, this property presents an attractive opportunity for multifamily investors.
β¨ **Property Highlights:**
πΉ 80 single-level apartment units
πΉ Desirable 2- and 3-bedroom floor plans
πΉ 57 single-stall garages
πΉ Strong, consistent occupancy with a waitlist
πΉ Renovated clubhouse featuring two private offices, two restrooms, a spacious community gathering room, kitchen, and coin-operated laundry facilities
πΉ Basketball court and playground
πΉ Convenient Southeast Rapid City location near local amenities
With its single-level design, expansive 8.69-acre setting, substantial garage space, and established tenant demand, this property offers a compelling opportunity to acquire a sizable, income-producing multifamily asset in the Rapid City market.
π 3151 Outlook Cir | Rapid City, SD
π’ 80 Units
π³ 8.69 Acres
πΌ Offered at $11,400,000
A great opportunity to add an established multifamily community to your investment portfolio.
π© Interested in additional details? Contact the listing agents:
π Ariel Rudland - SD+AZ Real Estate Agent | West River Realty, LLC
605-786-4816
π Travis Haan | Black Hills Realty
605-415-2344