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1615 E Dakota Ave
Pierre, SD 57501
Asking Price
$1.50M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
New Listing | 23 Units / 1980 Built | 100% Occupied <ul><li><strong>Address: </strong>1615 E Dakota Ave, Pierre, SD 57501</li><li><strong>List Price: </strong>$1,500,000</li><li><strong>Cap Rate: </strong>7.80%</li><li><strong>Year Built: </strong>1980</li><li><strong>Number of Units:</strong> 23</li><li><strong>Unit Mix: </strong>15-2BR/1BA; 8-3BR/1BA</li><li><strong>Total Rentable SF:</strong> 21,024</li><li><strong>Average Unit Size: </strong>914 SF</li><li><strong>Avg. In Place Rent:</strong> $903</li><li><strong>Avg. In Place Rent
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179