Old West Apartments — Sale in Fort Pierre, SD

  • Price: $750K
  • Listing type: For sale
  • Asset type: Business
  • Location: Fort Pierre, SD 57532

Description

22 Unit Apartment in Fort Pierre, South Dakota CBRE is pleased to present the opportunity to acquire Old West Apartments, consisting of a 12-unit market-rate property located at 311 N Deadwood Street and a 10-unit senior/HAP property located at 213 N Deadwood Street in Fort Pierre, South Dakota. The properties are located within one half block of one another and may be purchased individually or as a portfolio. Old West Apartments can also be acquired as part of a 45-unit portfolio, which includes Harrison Apartments in nearby Pierre, South Dakota. Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=4P0M1rUFEVQcvMXkg9W02PElRptVMVrhar9JRS8-4luHXt2j9MK33E7oHMVYNXUl Address: 213 & 311 N Deadwood St, Fort Pierre, SD 57532 List Price: $750,000 ($34,091/unit) Cap Rate: 8.84% Year Built: 1982 Number of Units: 22 Unit Mix: 10-1BR/1BA; 10-2BR/1BA; 2-3BR/1BA Total Rentable SF: 14,708 Average Unit Size: 669 SF Avg. In Place Rent: $844 Avg. In Place Rent Per SF: $1.26 Number of Buildings: 2 Number of Stories: 1 & 2 Parking: Surface

Market Context

This commercial property in Fort Pierre, SD is listed for sale at $750,000. It has been on the market for 12 days. Compare it against other commercial property listings for sale in Fort Pierre, SD — view the full market.

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