Listed by Kevin Andreson, Keller Williams Black Hills | Single-Family Rental Portfolio - 19 Homes | Box Elder, SD Exceptional opportunity to acquire a 19-home single-family rental portfolio in the rapidly growing community of Box Elder, South Dakota, located just minutes from Rapid City and Ellsworth Air Force Base, home to the future B-21 Raider mission. The significant expansion planned at Ellsworth is expected to bring continued population growth and housing demand to the area. The portfolio consists of 19 modern single-family homes, each offering 3 bedrooms, 2 bathrooms, and a detached single-car garage. Built approximately 10 years ago, these homes feature maintenance-free exteriors and modern construction on permanent foundations, helping keep long-term operating and maintenance costs manageable. The portfolio includes 15 homes on crawl spaces with permanent foundations and 4 homes with full basements. Each property sits on its own separately platted lot, offering flexibility and long-term ownership value. Investment Highlights 19 single-family rental homes 3 bedroom / 2 bathroom floorplans Detached single-car garages Homes located on separately platted lots Maintenance-free exterior construction Tenants pay utilities 15 crawl space homes and 4 homes with full basements Strong rental demand driven by Ellsworth AFB and regional growth Excellent access and visibility from Exit 67 on I-90
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| For Sale ~ Price Changed MultiFamily | $4,150,000 -4.6% | Keller Williams Realty Black Hills SP | ||
| Listed For Sale MultiFamily | $4,350,000 | Keller Williams Realty Black Hills SP |
Middle School Douglas Middle School - 01 | 1.9 miles away | 06 - 08 | |
High School Douglas High School - 03 | 2.1 miles away | 09 - 12 | |
Elementary School Francis Case Elementary - 04 | 2.2 miles away | 02 - 03 |