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Nine-Unit Apartment Building

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.

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

Suggested Use

Real Estate Agency Auto Repair Shop HVAC Service Daycare Center Tattoo & Piercing Shop Storage Facility Bar & Pub

Zoning and permitted uses should be independently verified with local authorities.

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
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