3 Locations

Invest in 3 well-maintained, fully leased properties offering a seamless transition for its next owner. 3900 S Hawthorne Ave is a 12-plex containing four 1 Bedroom 1 Bathroom Units and eight 2 Bedroom/1 Bathroom Units including garage and a parking lot. 3901 S Glendale Ave is 6-plex two 1 Bedroom/1 Bathroom Units and four 2 Bedroom/1 Bathroom Units also offering garage and a parking lot. 3909 S Glendale Ave is a 3 bedroom 2 bath ranch single family home with 1512 square feet and a two stall garage. These meticulously cared-for properties are conveniently located together on one block near I-229 access in Sioux Falls, providing excellent tenant appeal and accessibility. Numerous capital improvements over recent years have positioned this asset for strong future NOI growth. Additional income is generated through on-site coin-operated laundry, garages, and ample parking for the apartment buildings. There is also opportunity to further increase returns by implementing a utility reimbursement fee or Ratio Utility Billing System (RUBS). A solid, stabilized investment with upside potential—don’t miss this opportunity. Contact us today to learn more and schedule a private showing!