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Excellent investment opportunity to acquire a professionally managed 11-unit apartment building in a desirable Sioux Falls location. This well-maintained property was fully renovated in 2015 and features a strong unit mix of ten 2-bedroom, 1-bath apartments and one efficiency unit, with current occupancy at 90%. The property has been professionally managed for several years and offers desirable tenant amenities including spacious layouts, abundant storage, large windows providing natural light, generous kitchen and cabinet space, dining areas, and open-concept living areas. Additional features include two sets of coin-operated laundry facilities, five garage stalls, off street parking spaces, and storage closets for each unit. Conveniently located near downtown Sioux Falls with easy access to shopping, dining, schools, medical facilities, and more. Financials available for qualified buyers.
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listed By
Agency Name: Keller Williams Realty Sioux Falls
Shown By
Agency Title: The Experience Real Estate, Inc.
Agency Phone: 605-940-5544
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