Vermillion, SD Apartment buildings for sale

Updated: May 22

Vermillion Multifamily Investment Opportunity

1000 South Crawford Road, Vermillion, SD 57069

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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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Updated: Feb 17

Student Housing Portfolio Opportunity

1000 N Dakota St, Vermillion, SD 57069

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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

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

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 Vermillion, 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

301 21st Street, Sioux City, IA 51104

$1,025,000

9,000 sqft 0.08 AC lot

Four-level property with remodeled residences, new appliances, and full current occupancy.

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Updated Five-Unit Apartment Building

304 S Douglas, Elk Point, SD 57025

$475,000

7,536 sqft 0.18 AC lot

Five residential units feature designated off-street parking and updated exterior improvements near schools and downtown.

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Multi-Family Development Property

217 19th Street, Sioux City, IA 51105

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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

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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