700 W 6th St
Property Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,300,000 |
| No. of Units: | 11 |
| Year Built: | 1969 |
| Lot Size: | 10,800.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $118,182 |
| Property Website | Click Here |
| Number of Bedrooms: | 15 |
| Number of Bathrooms: | 8 |
ID: 3yd-RASESD-22606056
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