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3505 S Hawthorne Ave
Sioux Falls, SD 57105
Asking Price
$760K
Asset Type
Multifamily
Class
Class B
What's Special
Multifamily | 8 Units <ul><li>Turnkey investment opportunity! This fully leased 8-plex offers a strong rental history with upside potential through future rent growth.</li><li>Designed for consistent occupancy, the property features coin-operated laundry for added income, detached garages, through-the-wall A/C units, boiler heat, and ample on-site parking.</li><li>Utility reimbursement fees and a Ratio Utility Billing System (RUBS) are already in place, helping offset utility expenses and maximize returns.</li><li
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NOI
$80,000
Cap Rate
10.53%
DSCR
1.77
Strong
Cash-on-Cash
15.30%
Monthly Payment
$3,760.065
Annual Cash Flow
$34,879.216
