3900-3951 Doral Dr Rapid City, SD 57702
Listing Courtesy of: BLACK HILLS / Coldwell Banker Black Hills Legacy Real Estate / Bo Hauer / Maria Sieck

  3900-3951 Doral Dr Rapid City, SD 57702

Active
$5,900,000 (USD)

Description

Exceptional Investment Opportunity The Doral Apartments, Fairway Hills~Nestled in the prestigious Fairway Hills neighborhood, directly across from the renowned Arrowhead Country Club, the Doral Apartments present an extraordinary opportunity to own a resort-style multifamily community unlike any other in Rapid City. This beautifully maintained property is set on 10 acres of private park land, offering residents the rare combination of peaceful natural surroundings and convenient city access. The lush, landscaped grounds feature mature trees, winding walking paths, and serene open spaces, providing a tranquil retreat from the bustle of every day life. Community amenities are designed to elevate the resident experience, including a sparkling outdoor pool, modern playground and a spacious community center ideal for private functions, social gatherings, and celebrations. A unique feature of this property is the inclusion of two large guest suites within the community center, available for short-term rental to residents hosting visitors, adding both convenience and a distinctive value proposition. Each apartment home offers a generous floor plan, private garage space and dedicated storage units, ensuring long term tenant satisfaction and ease of leasing. The propertys reputation for comfort and quality contributes to consistently low vacancy rates. Meticulously cared for, the complex has benefited from significant updates, including new shingles, gutters and metal fascia installed within the past three years, ensuring durability and reduced maintenance costs for years to come. Strategically located just minutes from Downtown Rapid City, major shopping centers and the medical district, the Doral Apartments combine accessibility, prestige and enduring appeal, making this a truly rare and rewarding investment opportunity in one of the citys most desirable areas.

MLS #:
176469
Type
Multifamily
Year Built
1979
Views
Golf Course, Trees
County
Pennington County

Listed By

Bo Hauer, Coldwell Banker Black Hills Legacy Real Estate
Maria Sieck, Coldwell Banker Black Hills Legacy Real Estate
Source
BLACK HILLS
Last checked Nov 30 2025 at 10:02 PM GMT+0000
Bathroom Details
Subdivision
  • Fairwayhillsprd
Lot Information
  • Hills/Wooded
  • Rolling
  • Interior
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Electric
Exterior Features
  • Roof: Composition
Utility Information
  • Sewer: City
  • Fuel: Electric
Parking
  • Paved
  • Garage
Location
   
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Disclaimer: Copyright 2025 Black Hills Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 11/30/25 14:02