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2601 S Norton Avenue
Sioux Falls, SD 57105-4717
Asking Price
$775K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 9 Units <ul><li>Rare opportunity to own a newer multi-family property in the heart of Sioux Falls near Augustana University</li><li>2-story building with three apartments each having a separate entrance</li><li>Each apartment has 3 bedrooms and 2 1/2 baths</li><li>In-unit washers and dryers</li><li>Outstanding rental history with all three tenants having renewed their lease at least twice</li><li>Each unit has an attached 792 sq. ft. single garage</li><li>Additional parking pad in the rear of the
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NOI
$80,000
Cap Rate
10.32%
DSCR
1.74
Strong
Cash-on-Cash
14.62%
Monthly Payment
$3,834.277
Annual Cash Flow
$33,988.674
