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412 S Thompson Ave
Sioux Falls, SD 57103
412 s thompson ave · Multifamily Property For Sale
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6 Units
Property Facts
| No. Units | 6 | Building Size | 5,484 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1979/2017 |
| Building Class | C | Parking Ratio | 1.46/1,000 SF |
| Lot Size | 0.23 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 5,484 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1979/2017 |
| Parking Ratio | 1.46/1,000 SF |
About 412 S THOMPSON AVE , SIOUX FALLS, SD 57103
This 6 plex consists of 5 units that have 2 bedrooms and 1 bathroom. 1 unit has 1 bedroom and 1 bathroom. Property renovation in 2017 consisted of all new windows (40), siding, landscaping rock & concrete edging, new poured concrete steps in the front, and parking lot asphalt repaired along the North side of building. Two units recently renovated in summer of 2017. Building is currently 100% occupied with long term tenants some as long as 5+ years. Rents were raised 12% the beginning of 2017. Onsite coin operated laundry for additional income. Property is competitively listed at an 8% capitalization rate. Please Call Darren for financials. 6053215431
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 5,484 |
Property Taxes
| Parcel Number | 39155 | Improvements Assessment | $401,800 |
| Land Assessment | $40,100 | Total Assessment | $441,900 |
Property Taxes
Parcel Number
39155
Land Assessment
$40,100
Improvements Assessment
$401,800
Total Assessment
$441,900
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