712-226-1900
1300-1302 Quiniela Dr, North Sioux City, SD for Sale
Apartments - FOR SALE
1/29
null | Request Cap Rate

1300-1302 Quiniela Dr
North Sioux City, SD 57049


HIGHLIGHTS

  • Close proximity to I-29 and Sioux City
  • Open floorplans
  • Nice community amenities including in-unit laundry, community pool and fitness room

OVERVIEW

River Valley Apartments North Sioux City, South Dakota | 130 Units River Valley Apartments is a vibrant 130-unit multifamily community built in 2014 and 2015 located in the North Sioux City, South Dakota. The property offers strong in-place cash flow, high occupancy, and immediate scale in a stable Midwestern market. This well-maintained property presents investors with a compelling opportunity to acquire a stabilized asset with strong in-place cash flow with additional upside potential through modest interior upgrades, operational efficiencies, and revenue optimization. The property features 92 1-Bedroom/1-Bath and 38 2-Bedroom/1-Bath units, 80 garages, a community Clubhouse with seasonal pool, a 2nd community room and a fitness room. The Siouxland region benefits from a diverse employment base, strong economic growth, and South Dakota’s highly favorable tax environment, including no state personal income tax and no corporate income tax, making it an attractive market for long-term multifamily investment. Located in a prime location within with quick access to I-29 in the desirable South Dakota corridor of the Sioux City, IA MSA which is approx. 145,000 with a trade area of over 300,000. Note: Price shown on listing reflects that is no stated offering price and this is a Call For Offers sale format. Property tours are being scheduled thru April 13 with a Call for Offers due April 30, 2026.Detailed financials and Investor Offering Package available to qualified buyers upon execution of an CA and under Due Diligence section. Dennis Johnson 712.898.9706 | dennisjohnson@kw.com Licensed in SD, IA, NE and MN. SD # 16380 Keller Williams Siouxland/KW Commercial 101 S. Virginia #103, Sioux City, IA 51101 or Aaron Tyler 712.253.4139 aaron.tyler@kw.com Licensed in IA, NE, SD, MN and TX

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

130

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

River Valley Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2014

PARKING SPACES

80

LAND DETAILS

LAND ACRES

6.67 AC

LAND SF

290,545 SF

ZONING

-

APN/PARCEL ID

05.24.15.1040,05.24.15.1045

ASK ABOUT THIS PROPERTY

Dennis JohnsonKeller Williams SiouxlandMore Info
712-226-1900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Dennis JohnsonKeller Williams SiouxlandMore Info
712-226-1900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.