1000-1008 Crawford Rd S - Apartments FOR SALE


Vermillion, SD 57069
$1,800,000 USD
605-760-7214
1000-1008 Crawford Rd S, Vermillion, SD for Sale
$1,800,000 USD
Apartments - FOR SALE
1/12
null | 5.26% Cap Rate

1000-1008 Crawford Rd S
Vermillion, SD 57069


HIGHLIGHTS

  • Owner has invested significant capital expenditures
  • Significant room for income growth

OVERVIEW

OFFERING a prime investment opportunity. This 24-unit apartment complex is ideal for investors seeking a property with solid rental income. This well-maintained complex consists of 2-12 unit buildings. Each building consists of 11-2 bedroom and 1-1 bedroom units for a total of 22-2 bedroom units and 2-1 bedroom units. Owner pays water, sewer and common electric (hot water electricity paid by owner). Washer and dryers are leased. Owner has invested significant capital expenditures into the property - 100% occupancy

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$94 USD /SF

# OF UNITS

24

PRICE/UNIT

$75,000

CAP RATE

5.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crawford Rising Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1988

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

-

APN/PARCEL ID

15660-00600-030-00,15660-00600-040-00

ASK ABOUT THIS PROPERTY

Kerry WoehlThe Move GroupMore Info
605-760-7214

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Kerry WoehlThe Move GroupMore Info
605-760-7214

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