Claim Jumpers Mobile Court & Storage

Claim Jumpers Mobile Court & Storage is a turn-key, fully occupied mobile home community and self-storage investment located in Deadwood, South Dakota—just 40 minutes from Rapid City within one of Western South Dakota’s most supply-constrained affordable housing corridors. The property spans approximately 17.28± acres and includes 35 mobile home sites, one long-term RV pad, 94 self-storage units, and a shop/office building, all operating at stabilized occupancy.

Driven by continued population growth, major regional employers, and limited workforce housing availability, the Rapid City–Deadwood corridor has experienced sustained demand for affordable living. Rapid City alone has grown roughly 12% in the past four years, supported by Ellsworth Air Force Base, Monument Health, the South Dakota School of Mines & Technology, and future job creation from the Black Hills Industrial Center and Quantum Materials Institute.

The community features city water and sewer, natural gas, paved streets, and stable in-place operations. Current rents remain below market, creating a clear opportunity for phased rent alignment, expense optimization, and additional ancillary income with minimal capital improvement requirements.

With 2025 NOI of approximately $194,728 and a 6.11% cap rate at the $3,185,000 asking price, Claim Jumpers offers immediate cash flow with measurable near-term upside in a high-barrier Black Hills location.