703 S Dakota Ave
Property Description
Excellent investment opportunity to acquire a 9-unit apartment building located just blocks from downtown Sioux Falls. The property has been professionally managed for many years and features a desirable unit mix of eight 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Recent improvements include new siding, security doors, and cement, along with several remodeled units.The apartments offer spacious layouts with dining areas off the kitchens, large windows providing natural light, ample closet and storage space, and individual window air conditioning units. The property includes common-area coin operated laundry in the lower level, a 7-stall detached garage, and off-street parking. Conveniently located near shopping, dining, entertainment, schools, this well-maintained property provides strong rental appeal and an excellent opportunity for investors seeking a turnkey asset.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $780,000 |
| No. of Units: | 9 |
| Year Built: | 1977 |
| Lot Size: | 5,248.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $86,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 14 |
| Number of Bathrooms: | 8 |
ID: 3yd-RASESD-22606054
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