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510 N 5Th St Beresford, SD 57004

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For Sale
$1,350,000

Fully leased multifamily property with recent renovations and garage stalls.

Building Details

Year built
1974

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Listing Contact
Marcus Benson
Marcus Benson
Source: Siouxfallscommercial

Listing Agent: Marcus Benson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Sixteen-Unit Multifamily Property For Sale

This property consists of two eight-plex apartment buildings, totaling sixteen units. Constructed in 1974, the buildings have a combined size of 14,516 square feet. Each building features two floors and eight garage stalls. Recent renovations include a new roof, exterior paint, new common area flooring, and painted siding. The property includes a common area laundry. The owner is responsible for water and sewage expenses, while tenants cover their electric bills. The property is currently 100% occupied.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

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City
Beresford
County
Union
State
South Dakota
Longitude
-96.7767177
Latitude
43.0854449

FAQs

What type of property is this?
Apartment building - Fully leased multifamily property with recent renovations and garage stalls.
Where is this apartment building located?
The property is located at 510 N 5Th St Beresford, SD.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: - Fully Leased: 100% Occupancy Rate provides immediate rental income.; - Two Eight-Plexes: Total of 16 units offers significant investment potential.; - Recent Renovations: New roof, exterior paint, and common area flooring enhance property value.
More about this property
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