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$2,550,000
Est. payment /mo
5 Beds
5 Baths
12,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,200 sqft
Price per Sqft $209
Subdivision No Subdivision
MLS Listing ID 22503116
Bedrooms 5
Year Built 1981
Lot Size 2.139 Acres
Acres 2.139
Lot Dimensions Irregular
Property Sub-Type Other
Property Description
Two exceptional 16 unit apartments with a 6.95% Cap Rate, located in the growing and highly desirable city of Brandon, SD. 1411 & 1413 E Rushmore Dr are single level buildings with zero step entry and are in excellent condition. Completed Building Analysis Reports are available upon request. NOTE: 1411 & 1413 must be purchased together. These properties are a favorable addition to your real estate portfolio. Each apartment is made up of 16 units and each unit has 1 bedroom and 1 bathroom with baseboard heating and wall mounted AC. Tenants pay for their own electricity and cable. Most of the units have been updated in recent years, and several large expense maintenance items have been addressed in the past 15 years. Schedule a showing today!
Location
State SD
County Minnehaha
Area Sf-70
Rooms
Basement None
Interior
Heating Baseboard, Electric
Cooling Other
Appliance Refrigerator, Oven/Range, All Units
Exterior
Exterior Feature Metal/Vinyl
Roof Type Shingle Composition
Building
Story 1
Foundation Poured
Water City Water
Schools
Elementary Schools Brandon Es
Middle Schools Brandon Valley Ms
High Schools Brandon Valley Hs
School District Brandon Valley 49-2
Others
Security Features Fire Alarm,Smoke Detector
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Listed by Hegg, REALTORS • Marcus A Walgrave