Apartment Building

Meckling, SD Apartment Buildings for Sale

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Vermillion Multifamily Investment Opportunity
Updated: Jan 31
Vermillion Multifamily Investment Opportunity

1000 S Crawford Rd, Vermillion, SD 57069

$2,080,000
6,560 sqft 0.72 AC lot
100% Occupancy: Provides immediate and consistent income stream.
Strong Cash Flow: Current NOI of $145,553 and a 7.00% cap rate.
Value‑Add Opportunity: Rents are currently below market, offering potential for increased revenue.
Nearly Fully Renovated: Reduces immediate capital expenditure needs.
Stabilized Asset: Dependable performance in a consistently strong market.
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Student Housing Portfolio Opportunity
Updated: Feb 17
Student Housing Portfolio Opportunity

1000 N Dakota St, Vermillion, SD 57069

Contact for pricing
Portfolio of 310 beds across 127 units, offering significant scale.
Premier student housing portfolio**, indicating high quality and desirability.
Strategically positioned adjacent to established public universities, ensuring consistent demand.
Unparalleled convenience and walkability to academic facilities.
Immediate proximity to campus, a key factor for student renters.
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Fully Leased Apartment Property
Fully Leased Apartment Property

1317 Madison Street, Vermillion, SD 57069

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Multifamily property combining apartment and townhome residences with laundry equipment inside each unit.

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Student Housing Investment Opportunity
Student Housing Investment Opportunity

1001 N Dakota St, Vermillion, SD 57069

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Student housing near the University of South Dakota.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Meckling, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

15-Unit Apartment Building
15-Unit Apartment Building

301 21st Street, Sioux City, IA 51104

$1,025,000
9,000 sqft 0.08 AC lot

Renovated one-bedroom apartments and a recently replaced roof distinguish this income property.

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5-Unit Apartment Building
5-Unit Apartment Building

304 S Douglas, Elk Point, SD 57025

$475,000
7,536 sqft 0.18 AC lot

Five residences offer two- and three-bedroom layouts, each with its own off-street parking space.

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Multi-Family Development Property
Multi-Family Development Property

217 19th Street, Sioux City, IA 51105

Contact for pricing
82,257 sqft

Development option offered for a multifamily property located at 217 19th Street in Sioux City, Iowa.

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Cash-Flowing Apartment 8-Plex
Cash-Flowing Apartment 8-Plex

201 Wicker St, Gayville, SD 57031

$599,000

Apartment building with seven 2-bedroom units and one 1-bedroom unit, with the 1-bedroom currently vacant.

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Meckling, SD Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Meckling, SD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,560 square feet of properties for sale, with an estimated market value of $2,080,000.

Sale prices for apartment complexes in Meckling, SD average $2,080,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 13K
Population Growth (5Y) +8.1%
Median Household Income $54,720
College Educated 74.3%

Listings Trend

New vs delisted commercial listings in Clay County

New Delisted

Total CRE Inventory on Market (SF)

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