3403-3409 W 93rd St - Apartments FOR SALE


Sioux Falls, SD 57108
$870,000 USD
605-214-5634
3403-3409 W 93rd St, Sioux Falls, SD for Sale
$870,000 USD
Apartments - FOR SALE
1/14
null | 5.42% Cap Rate

3403-3409 W 93rd St
Sioux Falls, SD 57108


OVERVIEW

Unlock the power of passive income with this fully occupied 4 plex investment! Situated in a prime location, this property is the key to yourfinancial independence. - Consistent monthly rental income - Positive cash flow from the start - Increase in property value overtime This4 plex is the passive income generator you've been dreaming of! With reliable tenants already in place, you can start earning a steadystream of rental income from day one. Whether you're saving for retirement, paying off debt, or building generational wealth, this 4 plexwill put you on the fast track to financial success. Each resident pays a flat rate of $95 monthly for water, sewer, and trash, generatinga reliable annual reimbursement of $4,560. Lawn care is owner-provided, while tenants handle electric, gas, and snow removal. Theproperty is equipped with Blue Peak's 5G fiber-optic internet (and other services) free to the owner, plus a 5% revenue share fromBluepeak for any residents who opt-in. 4 plex next door also available for sale. 3503 W 93rd St.

FOR SALE DETAILS

PRICE

$870,000 USD

PRICE/SF

$167 USD /SF

# OF UNITS

4

PRICE/UNIT

$217,500

CAP RATE

5.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

93rd St Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2012

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,380 SF

ZONING

MUNICIPALI

APN/PARCEL ID

280.97.07.002

ASK ABOUT THIS PROPERTY

Dalton BristowDerek Kattenberg - eXp RealtyMore Info
605-214-5634

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Dalton BristowDerek Kattenberg - eXp RealtyMore Info
605-214-5634

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