TBD Northern Lights Blvd

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TBD Northern Lights Blvd

Box Elder, SD 57719
Asking Price
$1.01M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Great Apartment Development Oppurtunity <ul><li>​Prime multifamily development opportunity on 5.3 acres</li><li>​Ideally positioned just minutes from I-90 with excellent accessibility</li><li>​Centrally located between Rapid City and Box Elder</li><li>​Strategic site for apartment complex or other multifamily project</li><li>​Strong demand with convenient access to Ellsworth AFB, shopping, and other amenities</li><li>​Efficient commuter routes</li><li>​Ample acreage and favorable layout</li><li>​Flexibility for thoughtful site plannin

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NOI
$80,000
Cap Rate
7.94%
DSCR
1.34
Strong
Cash-on-Cash
6.69%
Monthly Payment
$4,982.087
Annual Cash Flow
$20,214.961

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