Rosewood Apartments

904 East Milbank Avenue
Milbank, SD

Sale Price

$4,700,000

Size

38 Units - 40,537 SF

Description

Fully stabilized, 38-Unit multifamily property with detached garages.

11 One-Bed/One-Bath units
12 Two-Bed/One-Bath units
13 Two-Bed/Two-Bath units
2 Studio units
15 Detached Garage

Modern high-quality finishes include cabinetry with soft close hardware, stainless steel appliances and dishwasher.

9′ ceilings. In-unit washer & dryer.

Controlled access entry, interior mailboxes, elevator and garbage chutes for convenience.

Assumable Tax Increment District (TID) with the City of Milbank – contact broker for details.

In-place management willing to stay with new owner.

Excess land for expansion opportunity.

Rosewood Apartments
Alex Soundy, CCIM, SIOR
605-376-3700