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8-Plex Apartment Complex with Garages

4101 S West Ave Sioux Falls, SD 57105

4101 S West Ave, Sioux Falls, SD, 57105
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For Sale
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Apartment complex of eight 8-plex buildings totaling 64 units, with on-site laundry and 40 detached garages.

Property Size56,832 SF
Days on Market105

Property Features for 4101 S West Ave

General Information

Standard status
Active
Size
56,832 SF
Property subtype
Multifamily
Listing agency Jim Dunham & Associates
Listed by Jim Dunham · License #SD 4531
Source Crexi
Added: Apr 10 Updated: Jul 22 at 10:44PM Checked: Jul 22 at 10:44PM

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 Jim Dunham & Associates


Investment Insights

Based on property information with market context.

Valley West is an apartment complex consisting of eight separate 8-plex buildings on two adjacent parcels. The property totals 64 units, with a unit mix of fifty-three 2-bedroom, 1-bath units and eleven 1-bedroom, 1-bath units. Built in 1975 and 1976, the brick and partial brick buildings are arranged with four garden level units and four upper level units per building, and the upper units include decks.

The complex includes mature landscaping, green space, and ample on-site parking. In addition, there are 40 detached garages located in two separate structures at either end of the complex. Building systems include natural gas heat and wall air conditioners, and the property provides on-site laundry. The washers and dryers are leased under a revenue sharing program that is assumable by a buyer.

Operationally, the landlord pays for heat, water/sewer, garbage, snow removal, and lawn care. Tenants are responsible for electricity and cable TV (optional). The seller reports the property has had good occupancy during their ownership, and financials are available upon completion of a Confidentiality/Non-Disclosure Agreement.

Key Highlights

  • Valley West features eight 8‑plex buildings totaling 64 units on two adjacent parcels (#24540 & #24541).
  • Unit mix includes fifty‑three 2 bed, 1 bath units and eleven 1 bed, 1 bath units.
  • Brick and partial brick buildings constructed in 1975 and 1976; each building has four garden level and four upper level units with decks.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Garden Center Electrical Service HVAC Service Food Market Locksmith Catering Service Grocery & Convenience Store Pet Grooming Service Barber Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Apartment building - Apartment complex of eight 8-plex buildings totaling 64 units, with on-site laundry and 40 detached garages.
Where is this apartment building located?
The property is located at 4101 S West Ave Sioux Falls, SD.
What are key features of this property?
This property features: Valley West features eight 8‑plex buildings totaling 64 units on two adjacent parcels (#24540 & #24541).; Unit mix includes fifty‑three 2 bed, 1 bath units and eleven 1 bed, 1 bath units.; Brick and partial brick buildings constructed in 1975 and 1976; each building has four garden level and four upper level units with decks.
Contact an agent
(605) 275-8500 Call to check price and availability
More about this property
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