Property summary
This exceptional investment opportunity presents a nearly completed redevelopment of the Green View Apartments, a 28-unit multifamily property located at 1351 Iowa Ave SE in Huron, South Dakota. The property, situated on a 1.14-acre lot, consists of five three-story buildings totaling between 22,000 and 28,000 square feet. Currently boasting an 85% occupancy rate, with 24 of the 28 units (four of the five buildings) already 100% occupied since completion of renovations. The remaining four… units are slated for completion by December 31, 2024, promising a swift return on investment. The unit mix comprises 24 one-bedroom and 4 two-bedroom apartments. Extensive renovations, completed in 2024, include the replacement of outdated boilers with new HVAC systems, installation of new flooring, appliances, windows, and updated electrical and plumbing systems. The property offers 28 parking spaces and is zoned for residential use. Built in 1970, this Class B property features a pro-forma NOI of $154,188 and a pro-forma cap rate of 7.01%. The asking price is $2,200,000, translating to an attractive price per unit of $78,571. This redevelopment project is ideally positioned within a strong rental market, ensuring a promising future for the investor.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 2 ac
- Year built
- 1951
- APN
- 11455
- Assessed value · 2024
- $266,806
- Annual tax · 2023
- $3,212
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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