South Dakota Apartment Buildings for Sale

22 properties available.
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Mobridge, SD 57601

Multi-Family

$1,300,00023,844 SF

Unit mix includes two buildings which together have 23,844 sq. ft. and contain twenty-five 2-bedroom units, five 1-bedroom units and three efficiency units, two of which are fully furnished and the third is currently used an office. Each unit has own off-street parking space on hard surfaced parking lot, plus ample on-street parking available. Recent updates include new water heater, new carpet and LED lighting in hallways and new flooring in laundry room. Landlord in process of updating apartments; a handful already complete, including appliances, flooring, walls and bathroom fixtures. Tenants is responsible for electric and cable. Landlord is responsible for heat, water, sewer, garbage, snow removal and lawn care. 8' X 28' (224 sq. ft.) storage shed included. Common laundry room in each building. Built in 1965 (Riverview) and 1967 (Riverside).

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Avon, SD 57315

Multi-Family

$249,0003,922 SF

NORTH VUE MOTEL Great opportunity to own a successful commercial property in a small rural town . This property consist of a 2 bedroom, single bathroom home, connected to a 10 unit motel complex; 5 mobile homes are included with solid rental income history. Property also includes a public laundromat, RV hookups, and highway frontage real estate.

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Yankton, SD 57078

Multi-Family

$215,0009,342 SF

This property is currently vacant and needs some work but has tons of potential! 19 unit complex consists of 3 two bedroom units, 2 efficiency apartments and 14 one bedroom apartments, also included is a 5 stall garage. Being sold AS IS . ~~ Owner open to joint ventures, possible partnership via LLC, WILL consider ""trades"" ~~recent improvements include: : Flat roof has rubber membrane just resealed in 2014 also new gutters with open- face downspouts, new concrete parapet and cap, tuck-pointing, new front steps on Mulberry.

4 photos
Salem, SD 57058

Multi-Family

$183,2004,016 SF

8.62% Cap Rate Six units in a brick building located in Salem, SD Unit mix includes two 2-bedroom units and four 1-bedroom units Washer & dryer in each unit Tenants responsible for electric and cable Landlord responsible fo sewer, water, heat, garbage, snow removal and lawn care 4,016 total building square feet The 2-bedroom units have attached garages Built in 1968 Each unit has its own driveway Lot size is 6,930 sq. ft. Real Estate Taxes are $3,095.22 Salem is the County Seat of McCook County in South Dakota Sale price includes a four-garage structure behind the property

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Salem, SD 57058

Multi-Family

$48,8001,576 SF

8.28% Cap Rate Duplex located in Salem, SD Each unit is two bedroom, one bath Tenants responsible for electric and cable Landlord responsible for sewer, water, heat, garbage, snow removal and lawn care 1,576 total building sq. ft. Built in 1969 Lot size is 5,940 sq. ft. Real Estate Taxes are $1,932.60 Salem is the County Seat of McCook County in South Dakota Washer & dryer in each unit Prefer to be sold with 6-plex also listed for sale (see Salem six-plex) 140 E Norton

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Hot Springs, SD 57747

Multi-Family

$265,0001,400 SF

There are million dollar views, pictures that are worth a thousand words, a once in a lifetime opportunities, and this property rolls that all into one. Unreal views, peaceful Black Hills seclusion and 15 minutes from historic Hot Springs, makes this 18.51 acre parcel a can't miss buy. Add in that there is a cozy house with 3 bedrooms and 2.5 baths, an attached garage and awesome living space gives you a great little getaway. The property also includes 2 carports and 4 sheds, a garden area, 2 covered porches, and a deck over by the bluffs for serene sunsets and spectacular views. Wildlife abound in this Hot Brook Canyon gem. Live in the existing home while you build your dream house or leave it as is for a cozy vacation spot. Bring the horses and the chickens, they will love this place too!

6 photos
Sioux Falls, SD 57103

Multi-Family

$2,200,00041,600 SF

Lloyd Companies is proud to present the Majestic View Townhomes located in Sioux Falls, South Dakota. Majestic View consists of 40 units with a unit mix of studio, two-bedroom and three-bedroom townhome style units. The site is approximately 2.73 acres with 4 townhome style buildings built in 1995 with adequate surface parking and detached garages.

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Sioux Falls, SD 57105

Multi-Family

Price Upon Req.568,832 SF

Lloyd Companies is proud to present the Valley West Apartments located in Sioux Falls, South Dakota. Valley West consists of 64 units with a unit mix of one-bedroom one-bath and two-bedroom one-bath units. The site is approximately 4.09 acres with 8 apartment buildings built in 1975 & 1976 with adequate surface parking. Price: $2,240,000 Number of Units: 64 Price / Unit: $35,000 New Rubber Membrane Roofs (Replaced within last two years) on the 8 Apartment Buildings See Attached Marketing Flyer For More Information Property Financials & Rent Rolls - Available Upon Request (See Attached Non-Disclosure Agreement) Cap Rate is based on 2015 Projections

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Huron, SD 57399

Multi-Family

$725,00064,000 SF

Built in 1971. Lots size: 64,000 sq. ft. 24 one-bedroom, one-bath units. 24 efficiency one-bath units. Exited Section 8 program in 2008. Ample parking with parking lots and off street parking. New vinyl siding in 1999. Roof replaced between 1990 and 1994. Landlord pays utilities. Laundry facility in each building.

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Sturgis, SD 57785

Multi-Family

$399,9503,744 SF

20 Rental Rooms + 32 Tent Sites - Fantastic Return! Boasting 9 bedrooms, a bathroom and a full kitchen upstairs, the home has 5 additional bedrooms, a bunk room and two full bathrooms downstairs. The downstairs also has a laundry and mechanical room. With a variety of room styles and bed sizes, this is a continuous year-round opportunity for any landlord or entrepreneur. Just off the side of the home sits the garage which has been converted into a 3 bedroom unit with a kitchenette. The cottage sits just adjacent the garage and is a single unit suite that can change from a one bedroom to a two bedroom with a bathroom and full kitchen. Rooms rent for $1200 each, tents are $35/person/night. Own this amazing investment opportunity today!

South Dakota Apartment Buildings for Sale

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