Rosewood Apartments

904 East Milbank Avenue
Milbank, SD

Sale Price

$4,800,000

Size

38 Units - 40,537 SF

Description

Fully stabilized, 38-unit multi-family property with detached garages on 2.86 acres.

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

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

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, SIOR
605-376-3700