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707 West 8th Street
Sioux Falls, SD 57104
Asking Price
$525K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Garage, Off Street Parking, Coin Op Laundry <p><strong>FOR SALE | 5-PLEX APARTMENT INVESTMENT – SIOUX FALLS</strong></p><p></p><p>Well-maintained 5-unit apartment complex is ideally located near downtown Sioux Falls, surrounded by some of the city’s most desirable historic homes. This asset offers stable income potential.</p><p></p><p>Each unit is equipped with electric appliances and features large windows that provide abundant natural light. Tenants also benefit from access to a coin-operated laundry facility and a private patio area.</
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NOI
$80,000
Cap Rate
15.24%
DSCR
2.57
Strong
Cash-on-Cash
31.00%
Monthly Payment
$2,597.414
Annual Cash Flow
$48,831.037
