731 Illinois AveHuron, SD 57350

For Sale
$3,200,000

40-unit multifamily investment opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 40-unit apartment complex located at 731 Illinois Ave NW, Huron, SD, 57350. The property, built in 2008, consists of six, two-story buildings totaling 40 units, situated on spacious, well-maintained grounds in a quiet residential neighborhood. The complex benefits from its convenient location near downtown amenities, including grocery stores, shops, and restaurants. Each unit features individually controlled central heating and air conditioning, in-unit washer and dryer hookups, dishwashers, and generous storage space. Energy-efficient construction contributes to lower utility costs for tenants. The property also includes ample parking and additional lots, offering potential for future expansion. Zoned R4, this turnkey investment boasts solid existing infrastructure, attractive tenant features, and significant growth potential, making it an ideal acquisition for investors seeking a reliable, revenue-generating asset in a desirable location. The asking price is $3,200,000. Virtual tours are available.

Highlights

  • High-quality 3D virtual tour available.
  • Additional 3D virtual tour showcasing property features.
  • Another 3D virtual tour providing a comprehensive property overview.

Property Details for 731 Illinois Ave

Property type
Multifamily properties, Apartment buildings
Year Built
2008
Buildings
6
Stories
2
Units
40

Location Insight

City
Huron
County
Beadle
State
South Dakota
Latitude
44.3748797
Longitude
-98.2174818
731 Illinois Ave, Huron, South Dakota

FAQs

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731 Illinois Ave
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