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300 Aspen Drive Lead, SD 57754

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For Sale
$1,195,000

Thirteen-unit apartment complex with recent updates and meticulous care.

Type:Multi Family
Property size:
12,328 SF
Added:
Mar 18, 2025
Days on Market:
399
Last Refresh:
Apr 17 at 12:20 am

Property Features for 300 Aspen Drive

General Information

Standard status
Active
Size
12,328 SF
Property subtype
Multi Family

Building Details

Year Built
1974

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Listing Contact
Kade J Welfl
Kade J Welfl

Listing agent Kade J Welfl License #15508

Listing office The Real Estate Center of Spearfish

Listing date Mar 18, 2025

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Center of Spearfish


Overview

Thirteen-Unit Apartment Complex For Sale

This 13-unit apartment complex features nine 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units. The property is located in a pristine location and the grounds have been meticulously cared for. Recent updates completed in 2019 include a new roof and underlayment, new siding, decks, and windows, as well as exterior masonry around the entire building. The building is heated with a central natural gas hot water boiler system paid for by the owner, and each unit has individual electric meters. On-site amenities include a shared laundry room and individual storage units for the tenants. The property has consistently met and exceeded all HUD and Rural Development inspection standards since its construction and has been very well cared for. The property size is 12328 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

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Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Lead
County
Lawrence
State
South Dakota
Longitude
-103.7795787
Latitude
44.3517516

FAQs

What type of property is this?
Apartment building - Thirteen-unit apartment complex with recent updates and meticulous care.
Where is this apartment building located?
The property is located at 300 Aspen Drive Lead, SD.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Excellent value at approximately $100/square foot and $100,000/door.; Recent updates include a new roof, siding, decks, and windows (2019).; Meticulously cared for grounds and pristine location.
More about this property
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