Rural Dakota Development
Recognizing the lack of housing opportunities in the FEM Electric's service territory, FEM Electric joined with two local cooperatives to create Rural Dakota Development. With this partnership 40 acres was purchased, platted and developed into a twenty-nine lot housing project on the west side of Ipswich.
FEM purchased the shares of the partners in 2018 and now are sole owners of the remaining four lots in the development. In 2019, three houses were built and four vacant lots were purchased with a house to be built in 2020.
As of January1, 2020 we have four vacant lots for sale and listed with Beck Reality of Ipswich, SD. They can be reached at 605-426-6319.
The housing project has been a good investment for FEM Electric by filling a need for lots to build new homes, while increasing our electrical sale currently and into the future. This project also increases the tax base for the county, school and township.
For more information: Contact Vaughn Beck, Realtor 605-426-6319