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Investment Highlights

  • Garages
  • Controlled Access
  • Laundry Facilities

Executive Summary

Rare opportunity to acquire a 101-unit multifamily portfolio on Sioux Falls' east side — one of the largest single-asset offerings currently on the market. Spanning three adjacent addresses across 4.5 acres with a mix of one- and two-bedroom units, onsite garages, laundry, controlled access, and dedicated maintenance. Built in 1976 with additional construction in 2016. Strong in-place income with upside through continued rent growth. Financials available upon request.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $10,100,000
Price Per Unit $100,000
Sale Type Investment
Cap Rate 6.92%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
No. Units 101
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 4.51 AC
Building Size 196,361 SF
Average Occupancy 80%
No. Stories 3
Year Built 1970
Parking Ratio 0.22/1,000 SF
Zoning Commercial

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • High Speed Internet Access
  • Carpet
  • Vinyl Flooring

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 44 $850.00 -
2+1 57 $975.00 -
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 40188357

  • Date on Market: 4/17/2026

  • Last Updated:

  • Address: 4304 E 26th St, Sioux Falls, SD 57103

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