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The Heights 1000 N Dakota St 74 Unit Apartment Building For Sale Vermillion, SD 57069

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Investment Highlights

Adjacent to the University of South Dakota
Leasing: 82.6% Occupied / 49% Pre-leased for 2026-27 school year.

Amenities: Rooftop Patio, Pool, Study Rooms, Game Room, and Conference Room

1000 N Dakota St, Vermillion - The Heights 02.17.26

Property Facts

Sale Type	Investment	Building Size	137,575 SF
No. Units	74	Average Occupancy	83%
Property Type	Multifamily	No. Stories	3
Property Subtype	Apartment Multifamily Dormitory	Year Built	2019
Apartment Style	Mid-Rise	Parking Ratio	1.76/1,000 SF
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	3.61 AC

Sale Type	Investment
No. Units	74
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Mid-Rise
Building Class	B
Lot Size	3.61 AC
Building Size	137,575 SF
Average Occupancy	83%
No. Stories	3
Year Built	2019
Parking Ratio	1.76/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.