Willow Creek Apartments

Willow Creek Apartments

1011 North Garfield Avenue, Pierre, SD
25,456 sqft

For Sale:  $1,800,000.00
30-Unit Apartment Community

Building A: 6,816 sq. ft. – 8 Units
Building B:  6,896 sq. ft. – 8 Units
Building C:  6,896 sq. ft. – 8 Units
Building D:  4,848 sq. ft. – 6 Units
Land Size:  1.85 acres*

Nine (9) 1-Bedroom/1-Bath units (591 sq. ft.) and 21 2-Bedroom/1-Bath units (695 sq. ft.).  41 parking spaces.  Landlord pays water/sewer and garbage.  Tenants pay heat (electric), electricity and cable.  Roofs were replaced in 2014.  Property was developed in the late 1980’s as one of the first Modern Low-Income Tax Credit Properties by Costello Companies.  Exited the program in April 2016, but still accepts vouchers.  Owner is a licensed real estate broker in the state of South Dakota.

For more information, contact:
Nick Gustafson, CCIM
(605) 782-1668

Price $ 1,800,000