2809 Bragstad Dr Sioux Falls, SD 57103

Property Details for 2809 Bragstad Dr

Year built

1993

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a six-unit apartment complex ideally situated in the desirable Southeast Sioux Falls neighborhood, close to local bike trails. The property comprises two buildings, each two stories high, constructed in 1993. The complex boasts a total of six spacious units, currently enjoying 100% occupancy. Two buildings each house three units. Two units in each building offer four bedrooms and two and a half bathrooms, while the third unit in each building features three bedrooms and two and a half bathrooms. Each unit includes a private garage stall and an additional parking space in the shared lot. The thoughtfully designed floor plans feature bedrooms, laundry facilities with washer/dryer included, and a full bathroom upstairs. The main level encompasses a living room, eat-in kitchen, and a half bathroom. A full basement provides extra living space with a family room, a three-quarter bathroom, and an additional bedroom. Each unit is equipped with its own furnace, air conditioning, and water heater, ensuring independent climate control and utility management. The units are in excellent condition and maintain consistently high occupancy rates, making this a truly attractive investment prospect. The asking price for this turnkey multifamily property is $1,325,000. The property is located at 2809 and 2805 E Bragstad Dr, Sioux Falls, SD 57103, in Minnehaha County.