Golden Valley Apartments represents a strong multifamily investment opportunity in Sioux Falls, South Dakota, one of the Midwest’s most stable rental markets. This 54-unit property features a desirable mix of one- and two-bedroom floor plans and is situated on a 3.15-acre site with 53 private garages, offering an additional income stream and tenant convenience.
The property is 98% occupied, underscoring consistent market demand and dependable cash flow. Residents benefit from functional layouts, recently updated interiors, and on-site laundry facilities, creating a low-maintenance operational profile for ownership. With vinyl siding exteriors and durable construction, long-term upkeep remains manageable and cost-effective.
Positioned on Sioux Falls’ growing east side, the community offers excellent connectivity to key retail corridors, employment hubs, and major routes, including I-229. The area’s strong labor market, subnational unemployment rate, and demographic stability further support multifamily investment fundamentals. Priced at $5.4M with a 7.0% cap rate, Golden Valley Apartments provides investors the ability to secure an established income-generating asset with upside potential driven by rental growth and operational efficiency.