Sherman Apartments

809 South Sherman Avenue
Sioux Falls, SD

Sale Price

$910,000

Size

14 Units

Description

Project-based Section 8 apartments with a HUD contract in place through April 2030.

Located just east of downtown Sioux Falls near the intersection of 14th and Cliff and Avera’s campus.

Fantastic asset for an investor looking to build an affordable multifamily portfolio.

Upside available after contract expiration.

Contact agent for showing instructions and additional historical financial information.

Sherman Apartments
Alex Soundy, CCIM, SIOR
605-376-3700
Sherman Apartments
Nick Gustafson, CCIM
605-201-2809