510 N. 5th Street

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510 N. 5th Street

Beresford, SD 57004
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

510 N. 5th Street, Beresford, SD 57004 <ul><li>​Fully leased eight plex with 4 garage stalls</li><li>​Common area laundry</li><li>​Two floors</li><li>​Recent renovations: exterior paint, new common area flooring, painted siding</li><li>​Owner pays water and sewage tenants pay electric</li><li>​Built in 1974</li><li>​100% occupancy rate</li><li>​APOD Available page 2 of brochure</li></ul>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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