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Investment Highlights

  • Can be bought as a package deal with Fox Run Apartments, 1313 West 30th Street, Yankton, SD 57078
  • Common area washer and dryer
  • Tenants pay electric only; landlord pays all other utilities
  • One or more owners is a licensed real estate agent
  • Electric baseboard heat and water heater
  • 50% of units and common area renovated

Property Facts

Price $750,000
Price Per Unit $93,750
Sale Type Investment
Cap Rate 7.08%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.99 AC
Building Size 8,000 SF
Average Occupancy 75%
No. Stories 2
Year Built 1979
Parcel Number 04.08.1025

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer
  • Lawn
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Package Service
  • Smoke Free
  • Maintenance on site
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - 750
2+1 7 - 900
Somewhat walkable
20/100
Very drivable
80/100
Fairly bikeable
40/100
  • Listing ID: 38890138

  • Date on Market: 12/23/2025

  • Last Updated:

  • Address: 821 Main St, Scotland, SD 57059

Contact the Sale Advisor

Scotland Apartments | 821 Main St

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