2809 Bragstad DrSioux Falls, SD 57103

For Sale
$1,325,000

Six-unit apartment complex, 100% occupied

Overview

Added:
Feb 13
Days on market:
30
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.

Highlights

  • $1,325,000 asking price for this six-unit multifamily property.
  • Located in the desirable SE Sioux Falls neighborhood, close to bike trails.
  • Property consists of two buildings, each with three spacious units.
  • Units feature 4 bedrooms and 2.5 baths (two units per building), and one 3-bedroom, 2.5-bath unit.
  • Each unit includes a private garage stall and additional parking.
  • Two-story units with bedrooms, laundry (washer/dryer included), and a full bath upstairs; main level features living room, eat-in kitchen, and half bath; full basement with family room, 3/4 bath, and additional bedroom.

Property Details for 2809 Bragstad Dr

Property type
Multifamily properties, Apartment buildings
Year Built
1993
Buildings
2
Stories
2
Units
6

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.5267154
Longitude
-96.690367
2809 Bragstad Dr, Sioux Falls, South Dakota

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2809 Bragstad Dr
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