Individually Owned Property summary
This exceptional investment opportunity presents two well-maintained, three-story apartment buildings totaling 21,948 square feet on a spacious 2-acre lot in Mitchell, South Dakota. Built in 1965 and renovated in 2019, the property currently boasts 24 units with 100% occupancy, generating strong rental income. Each building offers ample parking, and the property's convenient location near local amenities, schools, and Mitchell's vibrant downtown area ensures high tenant demand and retention. … The R-4 zoning allows for potential future expansion or upgrades, presenting a significant value-add opportunity for investors. The property's strong cash flow, combined with its potential for further modernization and increased rental income, makes it an attractive investment in a growing community. The asking price is $2,090,000, translating to $95.23 per square foot and $87,083.33 per unit. This multifamily complex offers a stable, income-generating asset with significant long-term potential. The property's recent updates maintain its appeal while providing a solid foundation for future growth. This is an ideal opportunity for investors seeking a reliable and profitable addition to their portfolio.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2024
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
- GBA
- 10,974 SF
- Lot area
- 1 ac
- Year built
- 1965
- Stories
- 3
- APN
- 15310-00300-008-00
- Assessed value · 2024
- $557,402
- Annual tax · 2024
- $4,557
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 signals that 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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- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- 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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