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$1,170,000
Est. payment /mo
10,620 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Twelve Plex
Listing Status Active
Purchase Type For Sale
Square Footage 10,620 sqft
Price per Sqft $110
Subdivision Berrys Tom
MLS Listing ID 22600771
Year Built 1973
Lot Size 0.710 Acres
Property Sub-Type Twelve Plex
Property Description
Invest in a well-maintained, fully leased 12-plex offering a seamless transition for its next owner. This meticulously cared-for property is conveniently located near I-229 access in Sioux Falls, providing excellent tenant appeal and accessibility. Numerous capital improvements over recent years have positioned this asset for strong future NOI growth. Additional income is generated through on-site coin-operated laundry, garages, and ample parking. There is also opportunity to further increase returns by implementing a utility reimbursement fee or Ratio Utility Billing System (RUBS). A solid, stabilized investment with upside potential—don't miss this opportunity. Contact us today to learn more and schedule a private showing!
Location
State SD
County Minnehaha
Area Sfc016
Rooms
Basement Partial
Interior
Heating Forced Air, Natural Gas
Flooring Carpet, Vinyl
Exterior
Exterior Feature Stucco/Drivit, Wood
Roof Type Other
Building
Sewer City Sewer
Water City Water
Schools
Elementary Schools Laura Wilder Es
Middle Schools Edison Ms
High Schools Roosevelt Hs
School District Sioux Falls
Others
Miscellaneous Community Water Heater,Separate Meters
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LIsted by Alpine Residential • Jackson Dorhout
Nearby School & Business
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