Apartment Buildings /SD /Minnehaha County /Sioux Falls /3400 E 11th St
Apartment Buildings /SD /Minnehaha County /Sioux Falls /3400 E 11th St

3400 E 11th St - Apartments FOR SALE


Sioux Falls, SD 57103 | 
$6,900,000 USD
605-403-0333
3400 E 11th St, Sioux Falls, SD for Sale
$6,900,000 USD
Apartments - FOR SALE
1/5
null | 7.06% Cap Rate
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3400 E 11th St
Sioux Falls, SD 57103

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HIGHLIGHTS

  • Two 42 unit buildings
  • 54 out of the 84 units have been remodeled
  • Current occupancy: 95.24%
  • Landlord pays water, garbage, gas and tenant pays electric

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$46 USD /SF

# OF UNITS

84

PRICE/UNIT

$82,143

CAP RATE

7.06%

% LEASED

73%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

East Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1976

PARKING SPACES

88

LAND DETAILS

LAND ACRES

2.22 AC

LAND SF

96,703 SF

ZONING

-

APN/PARCEL ID

53686,53687

ASK ABOUT THIS PROPERTY

Marcus BensonNAI Sioux FallsMore Info
605-403-0333

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Marcus BensonNAI Sioux FallsMore Info
605-403-0333

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