4304 E 26th St - Apartments FOR SALE


Sioux Falls, SD 57103
$10,100,000 USD
712-226-8003
4304 E 26th St, Sioux Falls, SD for Sale
$10,100,000 USD
Apartments - FOR SALE
1/8
null | 6.92% Cap Rate

4304 E 26th St
Sioux Falls, SD 57103


OVERVIEW

Rare opportunity to acquire a 101-unit multifamily portfolio on Sioux Falls' east side — one of the largest single-asset offerings currently on the market. Spanning three adjacent addresses across 4.5 acres with a mix of one- and two-bedroom units, onsite garages, laundry, controlled access, and dedicated maintenance. Built in 1976 with additional construction in 2016. Strong in-place income with upside through continued rent growth. Financials available upon request.

FOR SALE DETAILS

PRICE

$10,100,000 USD

PRICE/SF

$135 USD /SF

# OF UNITS

60

PRICE/UNIT

$168,333

CAP RATE

6.92%

% LEASED

77%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stoney Hill Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1976

PARKING SPACES

44

LAND DETAILS

LAND ACRES

4.51 AC

LAND SF

196,456 SF

ZONING

RA-1, RA-2

APN/PARCEL ID

054066,54066

ASK ABOUT THIS PROPERTY

Daniel StillsonGateway Real Estate AdvisorsMore Info
712-226-8003

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Daniel StillsonGateway Real Estate AdvisorsMore Info
712-226-8003

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