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218 N SUMMIT AVE
SIOUX FALLS, SD 57104
Asking Price
$425K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Off Street Parking, Coin Op Laundry <p><strong>FOR SALE | 4-PLEX APARTMENT INVESTMENT – SIOUX FALLS</strong></p><p></p><p>This well-maintained four-unit apartment property is ideally located near downtown Sioux Falls, surrounded by a collection of the area’s most desirable historic homes. The asset offers a compelling combination of strong location fundamentals, functional unit layouts, and stable in-place income.</p><p></p><p>Each unit is equipped with electric appliances and features large windows that provide abundant natural l
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NOI
$80,000
Cap Rate
18.82%
DSCR
3.17
Strong
Cash-on-Cash
42.96%
Monthly Payment
$2,102.668
Annual Cash Flow
$54,767.983
