McCook Apartments
358 Lakeshore Drive
North Sioux City, SD
Sale Price
$3,300,000 ($82,500/unit)
Size
40 units - 32,640 SF
Description
40-unit multi-family property located in tax friendly North Sioux City, South Dakota approximately 250′ from McCook Lake in friendly neighborhood.
Five 8-plexes built in 1976.
Two-bedroom/One-bath units.
Asset was removed from a rural development program in early 2023 and has been converted to a marketing multi-family facility.
Seller has spend over $210,000 in capital improvements since acquisition.
Just minutes from downtown North Sioux City and easy access to trails, dining, city parks and Adam’s Nature Preserve.
Seller prefers to close at end of calendar year 2023 – contact broker for details.