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$12,400,000

3151 OUTLOOK CIR, Rapid City SD, 57701

Built in2004
Property typeMulti-family

Overview

Active

Listed Sep 28, 2026

Updated 6 days ago

Rare opportunity to acquire a very well-established and well-maintained income producing 80-unit apartment property in Southeast Rapid City. Sitting on approximately 8.69 acres, the property offers a unique setting with all 80 residences arranged as single-level units and 57 garages. The unit mix consists of attractive two- and three-bedroom floor plans. The property has demonstrated consistently strong occupancy with a wait list. Residents can enjoy a recently renovated clubhouse featuring a large community gathering room, two private offices, 2 restrooms, a kitchen, and laundry facilities with coin operated washer and dryers. Additional outdoor amenities include a basketball court and playground. With its single-story configuration, substantial acreage, established occupancy history, and on-site amenities, this property represents an opportunity to acquire a sizable multifamily asset in Rapid City, close to local amenities. For additional information or to schedule a showing, contact Ariel Rudland, West River Realty 605-786-4816 or Travis Haan, Black Hills Realty 605-415-2344

$82,498/mo

Est. mortgage payment based on a $12,400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

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Listed by ARIEL RUDLAND with WEST RIVER REALTY, LLC
Listing Contact:  

The IDX display contains information sourced from the Black Hills Association of REALTORS® as of 9/30/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/30/2026 at 3:09 AM UTC

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