

Listed by NAI Sioux Falls
$750,000
Scotland Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,912
Units 8
Cap Rate 7.08%
Occupancy 75%
Year Built 1979
Acreage 0.920
Multifamily | 8 Units | $93,750/unit
Marketing description
For Sale
Investment highlights
- Unit Mix: 7: 2 Bed, 1 Bath / 1: 1 Bed, 1 Bath
- Building Size: 6,912 SF
- Lot Size: 0.92 Acres
- 50% of units and common area renovated
- Tenants pay electric only; landlord pays all other utilities
- Electric baseboard heat and water heater
- Common area washer and dryer
- Year Built: 1979
- One or more owners is a licensed real estate agent
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Listed by NAI Sioux Falls
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