914 Euclid Ave Pierre, SD 57501
This exceptional investment opportunity presents a 30+ unit mobile home park situated on a generous 2.9-acre lot in Pierre, South Dakota. Boasting a highly desirable location with easy access and breathtaking views overlooking the Heritage Center and Capitol area to the south, this property offers significant potential. The park's established tenant base contributes to a strong current income stream, making it an attractive proposition for investors seeking immediate returns. The expansive lot size also presents considerable development possibilities, allowing for future expansion or the creation of complementary businesses. The property's strategic location near key landmarks and amenities ensures high visibility and accessibility for residents and visitors alike. This is a rare chance to acquire a well-established mobile home park with significant upside potential in a thriving South Dakota community. The property is priced at $1,250,000 and offers a compelling blend of immediate income generation and long-term growth prospects. The existing infrastructure is well-maintained, minimizing immediate capital expenditure requirements. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Detailed financial statements and operational data are available upon request. This is a turnkey operation ready for a new owner to step in and continue the success or to implement their own vision for the future. Don't miss this chance to own a piece of Pierre's thriving real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.