920 1st St | Sturgis, SD 57785
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- LoopNet Team
920 1st St
Sturgis, SD 57785
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Down town location
- commercial income
- great rally income
PROPERTY FACTS
| No. Units | 5 | Lot Size | 6.00 AC |
| Property Type | Multifamily | Building Size | 5,400 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1996/2017 |
| Zoning | C - Commercial | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 6.00 AC |
| Building Size | 5,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1996/2017 |
| Zoning | C - Commercial |
ABOUT 920 1ST ST , STURGIS, SD 57785
Great income producing commercial and residential property in the heart of downtown Sturgis. The 4 apartments consist of two units with - 2bed/2bath, one unit with 2 bed/1 bath and one unit with 1bed/1bath. The commercial area of the property consists of 2700 sq ft of newly remodeled space, currently 3 years into a 5 year lease to a Hair Salon. Huge rally income to a long time tenant! Located across from the Knuckle Saloon and next to the bowling alley.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 2 | - | 1,200 |
| 2+1 | 1 | - | 1,300 |
| 1+1 | 1 | - | - |
| Studios | 1 | - | 2,700 |
PROPERTY TAXES
| Parcel Number | 01.71.15.131 | Improvements Assessment | $288,064 |
| Land Assessment | $80,944 | Total Assessment | $369,008 |
PROPERTY TAXES
Parcel Number
01.71.15.131
Land Assessment
$80,944
Improvements Assessment
$288,064
Total Assessment
$369,008
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