Claim Jumpers Mobile Court & Storage

200 Charles St.

Deadwood, SD 57732

Lawrence County, SD

Lat/long:

44.36839, -103.7361

Mobile Home Park For Sale

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Claim Jumpers Mobile Court & Storage
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Listing Status

Active

Asking Price

$3,185,000

Sale Date:
Listing #
SD260001
CAP Rate
6.11%
2025
Taxes
$11,832
Land Size
17.28 +/- Acres
Mobile Home Sites
35
RV Sites
1
Storage Units
94
Other Units
1

Asset Overview

Claim Jumpers Mobile Court & Storage is a fully occupied mobile home community and self-storage property located in Deadwood, South Dakota—approximately 40 minutes from Rapid City within Western South Dakota’s constrained affordable housing corridor. The property encompasses 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 with stabilized occupancy and in-place leases.

The Rapid City–Deadwood region continues to experience sustained housing demand driven by population growth, major regional employers, and limited workforce housing supply. Rapid City has grown by roughly 12% in the past four years, supported by Ellsworth Air Force Base, Monument Health, the South Dakota School of Mines & Technology, and anticipated job creation associated with the Black Hills Industrial Center and Quantum Materials Institute.

Infrastructure includes city water and sewer, natural gas service, paved internal streets, and maintained utilities, supporting stable long-term operations. Current rental rates remain below surrounding market levels, presenting an opportunity for measured revenue growth through phased rent alignment, expense optimization, and ancillary income improvements with limited capital improvement requirements.

For addtional details, please refer to the Offering Memorandum & Due Dilligence section below. Offers should be submitted by Letter of Intent (LOI) and include proposed purchase price, funding source, inspection and due diligence period, and anticipated closing timeline.

Investment Highlights

Paved Streets Icon
Paved Streets
City Water Icon
City Water
City Sewer Icon
City Sewer
Value Add Icon
Value Add
Turn Key Icon
Turn Key
Recent Capital Improvements Icon
Recent CIPs
Full Occupancy Icon
100% OCC
* Listing data is deemed reliable but is NOT guaranteed accurate.