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2805-09 E Bragstad Dr presents a rare opportunity to acquire two side-by-side tri-plexes in Sioux Falls, SD, offering scale, strong in-place income, and value-add potential. The property consists of six total units, with four units recently renovated and two units remaining unrenovated, providing a clear path for future rent growth.The two unrenovated units are occupied by long-term tenants who have been in place prior to 2020, offering stable cash flow. While not fully updated, these units received new basement flooring in 2024, reducing near-term capital needs while preserving upside through future renovations.Unit mix:Outside units: 4 Bed, 2.5 BathMiddle units: 3 Bed, 2.5 BathThe property also features six garage stalls located behind the buildings, enhancing tenant appeal.
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Listed By
Agency Name: Gateway Real Estate Advisors
Shown By
Agency Title: The Experience Real Estate, Inc.
Agency Phone: 605-940-5544