Harrison Apartments — Sale in Pierre, SD

  • Price: $1.5M
  • Listing type: For sale
  • Asset type: Business
  • Location: Pierre, SD 57501

Description

23-Unit Multifamily Property Located in Pierre, South Dakota CBRE is pleased to present the opportunity to acquire Harrison Apartments, a well-maintained 23-unit multifamily property located in Pierre, South Dakota, the state capital. Constructed in 1980, the property consists of one two-story building featuring a mix of two and three bedroom floor plans averaging 914 square feet. Harrison Apartments is available individually or as part of a 45-unit portfolio, which includes Old West Apartments in nearby Fort Pierre, South Dakota. Click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=iBrv3-HU4pVGziV-chp6he2og7d7AMzQFMumoSYK2oa-Y5s46XlFI5OUtNiHvE1J Address: 1615 E Dakota Ave, Pierre, SD 57501 List Price: $1,500,000 Cap Rate: 7.80% Year Built: 1980 Number of Units: 23 Unit Mix: 15-2BR/1BA; 8-3BR/1BA Total Rentable SF: 21,024 Average Unit Size: 914 SF Avg. In Place Rent: $903 Avg. In Place Rent Per SF: $0.98 Number of Buildings: 1 Number of Stories: 2 Parking: Surface

Market Context

This commercial property in Pierre, SD is listed for sale at $1,500,000. It has been on the market for 13 days. Compare it against other commercial property listings for sale in Pierre, SD — view the full market.

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