1300-1302 Quiniela Dr North Sioux City SD North Sioux City, SD 57049

River Valley Apartments is a 130-unit multifamily community located in North Sioux City, South Dakota, constructed in 2014 and 2015. The property consists of 92 one-bedroom, one-bath units and 38 two-bedroom, one-bath units. The property also features 80 garages, a community clubhouse with a seasonal pool, a second community room, and a fitness room. The Siouxland region benefits from a diverse employment base, strong economic growth, and South Dakota’s highly favorable tax environment, including no state personal income tax and no corporate income tax, making it an attractive market for long-term multifamily investment. The property is located in a prime location with quick access to I-29 in the desirable South Dakota corridor of the Sioux City, IA MSA which is approx. 145,000 with a trade area of over 300,000. The property offers strong in-place cash flow, high occupancy, and immediate scale in a stable Midwestern market. This well-maintained property presents investors with a compelling opportunity to acquire a stabilized asset with strong in-place cash flow with additional upside potential through modest interior upgrades, operational efficiencies, and revenue optimization. There is also an option to continue with the existing management company, subject to buyer and management company agreement providing flexibility.