302 E Pine St
Philip, SD 57567

$530,000 USD

Apartments For Sale • 20,000 SF

Property Details

Property Type Apartments
Total Building Size 8,308 SF
Lot Size 0.38 AC
Building Class C
Year Built 1979
Cap Rate 8.52 %
Zoning Commercial

0 Transit Score

25 Walk Score

                
                    Highlights
                
                                Strong, Long-Term Government-Backed Income / 60% Section 8
                            
                                Operational Quality & Compliance
                            
                                Recent Capital Improvements & Insurance-Funded Renovations
                            
                                Strategic Repositioning Through HUD Section 8(bb)
                            
                                Part of a Two-Property Portfolio in Philip, SD (Senechal Apartments)