Building Details

Building Size 7,104 SF

Year Built 1972

Tenancy Multi

Listed By: Tara Portillo Show Phone

Source: Yanktonhomefinder.idxbroker

Added: Jul 10 Changed: Sep 11 Last Checked: Oct 5 at 3:07PM

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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 Tara Portillo

Investment Insights

Based on property information with market context.

This cash-flowing 8-plex apartment building includes seven 2-bedroom units and one 1-bedroom unit. The property is described as having a strong rental history and being well maintained. The current configuration also includes a vacancy in the 1-bedroom unit, along with vacancy in one of the 2-bedroom units.

The property is located at 201 Wicker St in Gayville, SD. The listing notes that the buyer should verify all square footage of the units.

With a mix of predominantly 2-bedroom units, the building’s current unit mix offers both occupied and vacant space at the time of sale.

Key Highlights

• Apartment building built in 1972 in Gayville, SD
• Unit mix: seven 2‑bedroom units and one 1‑bedroom unit
• The 1‑bedroom unit is currently vacant

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Computer & Electronic Repair Auto Repair Shop Daycare Center Law Firm Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

Explore this area Business Placement

Demographics for 57031, SD

621

Population

379

Households

1.6

Avg Household Size

44

Median Age

18%

College-Educated

97%

High-School Grad

39.4 sq mi

ZIP Area

16

Density / Sq Mi

$73,487

Median Household Income

$49,261

Median Earnings

$533

Median Rent

$138,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

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

Where is this apartment building located?

The property is located at 201 Wicker St Gayville, SD.

What is the asking price?

The asking price for this property is $599,000.

What are key features of this property?

This property features: Apartment building built in 1972 in Gayville, SD; Unit mix: seven 2‑bedroom units and one 1‑bedroom unit; The 1‑bedroom unit is currently vacant