Nine-Unit Apartment
100 Cliff Ave Valley Springs, SD 57068
100 Cliff Ave, Valley Springs, SD, 57068
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For Sale
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Pending
Nine-unit multifamily property on a large lot with multiple recent exterior and interior updates.
Days on Market101
Property Features for 100 Cliff Ave
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Matt Mulder Group
Listed by
Wes Vis · License #SD 17872BA
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 3:20AM Checked: Jul 21 at 3:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matt Mulder Group
Investment Insights
Based on property information with market context.
This nine-unit apartment building offers a 9-plex configuration on a large lot. The property is described as very well taken care, with numerous updates reported, including many new egress windows, drain tile, deck, water heaters, and new exterior and interior paint, along with other improvements. The current income performance is presented as an 8% cap rate, and rents are described as having not been raised in years.
The property is located in Valley Springs, on the edge of town. The public remarks also note that vacancy rates are very low in the city of Valley Springs.
For buyers evaluating an income-producing multifamily asset, the combination of unit count, large-lot setting, and the stated list of building system and cosmetic updates may be helpful to review in person.
The property is located in Valley Springs, on the edge of town. The public remarks also note that vacancy rates are very low in the city of Valley Springs.
For buyers evaluating an income-producing multifamily asset, the combination of unit count, large-lot setting, and the stated list of building system and cosmetic updates may be helpful to review in person.
Key Highlights
- 9‑plex multifamily property on a large lot in Valley Springs, on the edge of town
- Updates include many new egress windows, drain tile, deck, and new exterior and interior paint
- Water heaters replaced (multiple) as part of the recent upgrades
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Nine-unit multifamily property on a large lot with multiple recent exterior and interior updates.
Where is this apartment building located?
The property is located at 100 Cliff Ave Valley Springs, SD.
What are key features of this property?
This property features: 9‑plex multifamily property on a large lot in Valley Springs, on the edge of town; Updates include many new egress windows, drain tile, deck, and new exterior and interior paint; Water heaters replaced (multiple) as part of the recent upgrades