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213 S Spring Ave
Sioux Falls, SD 57104
Asking Price
$499K
Asset Type
Multifamily
Class
Class B
What's Special
Multifamily | 5 Units <ul><li>Rare opportunity to acquire a well-maintained 5-unit investment property in the heart of central Sioux Falls</li><li>Positioned near downtown amenities, employment centers, parks, shopping, and dining</li><li>Each unit is configured as a one-bedroom, one-bath residence, creating broad rental appeal and a straightforward management profile</li><li>Blending vintage charm with practical functionality</li><li>Strong in-town location, consistent demand for one-bedroom housing</li><li>Ro
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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643
