www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29790201
29790202

1001 N Dakota St, Vermillion, SD 57069

AS
SD SD 18022
Bender Commercial
RK
SD SD 13791
Bender Commercial
Listed by Bender Commercial
$12,500,000
117 days on market
Updated 18 days ago

The Heights - Vermillion

Details
Property Type Multifamily
Sub Type Student Housing
Units 74
Beds 236
Occupancy 82.6%
Class A
Year Built 2019
Buildings 1
Stories 4
Acreage 3.670
Parking Spaces 242 spaces

Student Housing Multifamily | 74 Units

Marketing description

The Heights - Vermillion is a premier student housing investment totaling 236 beds across 74 units.

Strategically positioned adjacent to the University of South Dakota, with approximately 10,000 students across all programs.

The property benefits from immediate proximity to campus, providing students with unparalleled convenience and walkability to academic facilities, athletics, and campus amenities.

Investment highlights

This turnkey property presents a compelling acquisition opportunity in high-barrier-to-entry university markets with stable enrollment trends and limited on-campus housing capacity.

The property is professionally managed, fully amenitized, and positioned as the premier off-campus housing option in the market.

With established operations and strong pre-leasing momentum for the upcoming academic year, The Heights - Vermillion offers immediate cash flow and long-term value.

Listing Contacts

AS
SD SD 18022
Bender Commercial
RK
SD SD 13791
Bender Commercial
Listed by Bender Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Alex Soundy
License
SD 18022
Name
Reggie Kuipers
License
SD 13791
Brokerage
Bender Commecial Real Estate
Title
President
Brokerage Address
305 West 57th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591