Well-maintained multifamily investment opportunity in north-central Sioux Falls with convenient access to Russell Street, I-29, and the Denny Sanford PREMIER Center.

15 tenant garages, plus a heated owner’s office with private bathroom and additional two-stall garage.

Opportunity to implement a RUBS program to recover a portion of landlord-paid utility expenses and increase property income.

On-site laundry provides an additional income stream.

Tenant pays electricity; landlord pays gas, trash, and water/sewer.

Boiler heat and wall-mounted air conditioning units.

Opportunity for continued income growth and operational efficiencies under new ownership.