Prime Multi-Family-Apartment Opportunity Zone
Land | 6.7 acres zoned for Multi Family or Apartments in great location
Marketing description
Open Offering Memorandum to see full information and click on video on page 1 of the PDF
As an added bonus, The Clarion Pointe Hotel next door to the development site can be purchased in a separate agreement as part of any or all purchase of the 41 Acre Mixed Use Site, 6.7 Acre Multi Family, Apartment, Live Work, Senior Housing Site or any smaller parcels agreed on by seller to be sold separately. There are several new residential communities coming to the area and the City of Sioux Falls is investing in area infrastructure.
The seller is willing to sell smaller parcels if it is a good fit for the development. The Clarion Pointe Hotel has recently gone through
$3 million plus in renovations and has strong occupancy and financials. Direct access from Exit 83 on Interstate 29 at the I29 & I90 Interchange. Next door to Flying J Travel Center, Boss Truck Stop, Burger King & many more business coming to the area.
LW - Multi-Family
» Southeast Corner of I29 & I90
» Entire Property within a rare Opportunity Zone for investors
looking to place Capital gains liabilities into tax deferred
Opportunity zone exchange with solid growth potential.
» Apartments, Multi Family & more.
» PD Civil Engineering Plans in Place ready to modify.
» Utilities at site
» Value added Storm Water Drains and Fire Hydrants have
already been installed
» Growing Area of Sioux Falls which is one of the fastest
growing cities in the Midwest
» Easy Access to property
» 3-5-10 and 20 mile radius growing fast.
Investment highlights
Open Offering Memorandum to see full information and click on video on page 1 of the PDF
National Developers welcome
» Great Tax incentives with South Dakota being a State
income tax free State.
» The area is primed for a mixed use retail-apartment
development.
» Only a few miles from the Sioux Falls FSD Airport.
» Large companies like Amazon, UPS, Fed Ex, USD, Harley
Davidson, Aldi, Walmart, Burger King, Flying J Truck Stop,
Clarion Pointe Hotel and more already established around
this Development Site.
» Solid Traffic Counts on both I29 & I90
» Topography is ideal for exposure on both Interstates
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