This Multifamily Property is no longer advertised on LoopNet.com.

400 N Lake Ave
Sioux Falls, SD 57104
North Lake Apartments · Multifamily Property For Sale · 12 Units

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.45 AC
Building Size 11,990 SF
Average Occupancy 92%
No. Stories 2
Year Built 1972
Parking Ratio 1.08/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready

About 400 N LAKE AVE , SIOUX FALLS, SD 57104

Lake Apartments offers 12 apartments in one building located in Sioux Falls, South Dakota. Lake Apartments are located on a 19,800 square foot parcel. Along with the apartment building there is one garage building with a total of 12 garages. The surrounding land uses include residential rentals, commercial retailers, office and single family homes. The site's proximity to the Interstate provides tenants with great access to all areas of the City. Property amenities include central air conditioning, on-site parking, large patio / balcony and large bedrooms. Landlord pays water, garbage, sewer, snow removal and lawn care. Tenant pays electricity, heat and cable. The property is within the Sioux Falls School district, specifically Hawthorne Elementary School, George McGovern Middle School and Lincoln High School.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
2+1 8 - -

Property Taxes

Property Taxes

Parcel Number
38341
Land Assessment
$55,500
Improvements Assessment
$762,300
Total Assessment
$817,800
  • Listing ID: 11846402

  • Date on Market: 3/8/2018

  • Last Updated:

  • Address: 400 N Lake Ave, Sioux Falls, SD 57104

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