Basics
- Date added: Added 1 day ago
- Price per sqft: $96.99
- Category: Multi-Unit
- Status: Active
- Area: 13404 sq ft
- Lot size: 8640 sq ft
- Year built: 1993
- MLS ID: 831622
Description
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Description:
2805-09 E Bragstad Dr presents a rare opportunity to acquire two side-by-side tri-plexes in Sioux Falls, SD, offering scale, strong in-place income, and value-add potential. The property consists of six total units, with four units recently renovated and two units remaining unrenovated, providing a clear path for future rent growth. The two unrenovated units are occupied by long-term tenants who have been in place prior to 2020, offering stable cash flow. While not fully updated, these units received new basement flooring in 2024, reducing near-term capital needs while preserving upside through future renovations. Unit mix: Outside units: 4 Bed, 2.5 Bath Middle units: 3 Bed, 2.5 Bath The property also features six garage stalls located behind the buildings, enhancing tenant appeal.
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Location
Building Details
- Parking: Detached