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1050 Valley View Drive

Rapid City, SD 57701
  • $16,500,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 88899
$16,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2021
Area:

School Ratings & Info

School District:

Description

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.

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© 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Will Dixon Real Estate at Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Will Dixon Real Estate at Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2026-06-17T23:44:44.703.
www.willdixonrealestate.com/homes/177007040
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1050 Valley View Drive Rapid City, SD 57701

  • Price: $16,500,000
  • Status: Active
  • On Site: 19 Days
  • MLS #: 88899
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2021
Built
Neighborhood:
Diamond Ridge Subdivision
Area:
Rapid Valley
School District:
Rapid City
Property Description
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.
Exterior Features

Construction Frame Exterior Features Paved Street Parking GarageOther (See Remarks)Paved Roof Composition Siding Masonite Siding Style 2.5 Story

Interior Features

Basement Substructure Crawl SpacePoured Concrete Found. Cooling MiniSplitRefrig. C/Air Entrance Community EntranceMore than 1/Apartment Heating ElectricForced AirMiniSplit Number Of Units 90 Systems Breaker

Property Features

Auction YN No Documents On File Financials Extras LandscapedStorage For Sale Or Rent For Sale Hoa Includes Snow RemovalTrash Service Includes All UnitsRefrigeratorRange/OvenDishwasherWasherDryerAir Conditioner Miscellaneous Separate MetersPet RestrictionsIndividual Water HeatersIndividual Heat & AirDead Bolt LocksElectric Modular YN No Multi Family Property Type Other Owner Pays InsuranceSee Remarks Personal Property DishwasherRefrigeratorElectric Range OvenMicrowaveWasherDryerWindow Coverings (All) Pets Allowed YN Yes Possession Immediate Safety Features Fire AlarmFire WallSecurity SystemSmoke DetectorsSprinkler System Short Sale No Subdivision YN Yes Tenant Pays Gas/ElectricWater/Sewer Terms CashNew Loan Type Of Tenancy One Year Lease

[Mount Rushmore Area Association of Realtors] logoListing information © 2026 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Art Koscielski of Black Hills SD Realty: 605-791-2249.



© 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Will Dixon Real Estate at Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Will Dixon Real Estate at Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2026-06-17T23:44:44.703.
 
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Will Dixon Real Estate at Keller Williams Realty Black Hills
2401 West Main Street
Rapid City SD, 57702