213 N Deadwood St - Apartments FOR SALE


Fort Pierre, SD 57532
$750,000 USD
712-304-2030
213 N Deadwood St, Fort Pierre, SD for Sale
$750,000 USD
Apartments - FOR SALE
1/15
null | 8.84% Cap Rate

213 N Deadwood St
Fort Pierre, SD 57532


HIGHLIGHTS

  • Properties are located within 4 miles of each other. Available individually or as a portfolio.
  • Old West Apartments can be acquired in conjunction with Harrison Apartments, a 23-unit property located in Pierre for a total of 45 units
  • 12 market rate units and 10 senior/HAP units

OVERVIEW

CBRE is pleased to present the opportunity to acquire Old West Apartments, consisting of a 12-unit market-rate property located at 311 N Deadwood Street and a 10-unit senior/HAP property located at 213 N Deadwood Street in Fort Pierre, South Dakota. The properties are located within one half block of one another and may be purchased individually or as a portfolio. Old West Apartments can also be acquired as part of a 45-unit portfolio, which includes Harrison Apartments in nearby Pierre, South Dakota. Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=4P0M1rUFEVQcvMXkg9W02PElRptVMVrhar9JRS8-4luHXt2j9MK33E7oHMVYNXUl Address: 213 & 311 N Deadwood St, Fort Pierre, SD 57532 List Price: $750,000 ($34,091/unit) Cap Rate: 8.84% Year Built: 1982 Number of Units: 22 Unit Mix: 10-1BR/1BA; 10-2BR/1BA; 2-3BR/1BA Total Rentable SF: 14,708 Average Unit Size: 669 SF Avg. In Place Rent: $844 Avg. In Place Rent Per SF: $1.26 Number of Buildings: 2 Number of Stories: 1 & 2 Parking: Surface

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$55 USD /SF

# OF UNITS

22

PRICE/UNIT

$34,091

CAP RATE

8.84%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Old West Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,328 SF

ZONING

-

APN/PARCEL ID

006673

ASK ABOUT THIS PROPERTY

712-304-2030

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712-304-2030

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