101 N Main St | Suite 213 | Sioux Falls, SD 57104
Telephone: 605-357-7100 | Fax: 605-357-7102 | info@siouxfallscommercial.com
Multi-Family
Cleveland Heights Apartments
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2708 East 8th Street
Sioux Falls, SD
Space Available: 147 Units
For Sale: $5,550,000
Sioux Falls, SD
Space Available: 147 Units
For Sale: $5,550,000
Property Description
- One, two and three bedroom units in six three-story garden level buildings and one tri-plex with manager’s office.
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Unit mix includes: Sixty-eight one-bedroom, one bath
Thirty two-bedroom, 1.5 bath
Forty-nine three-bedroom, one bath
Forty-four single stall garages in four separate buildings. - On-site asphalt surface and concrete parking for 190 cars.
- Outdoor pool and playground.
- On-site manager.
- Laundry facilities in each building.
- Each unit has separate 120 amp meter.
- Stove/oven, refrigerator, dishwasher, garbage disposal, stove hoods and fans in each unit.
- Updates completed within the last two years include new appliances in over 50% of the units, new unit flooring, new water heaters, several new decks, new fire alarm panels, newly replaced interior hallway carpeting, ceramic tiling in all building entry’s, new steel siding and new cabinets in many apartments.
- Access from Cleveland Avenue and 8th Street.
- Tenant pays electricity and phone.
- Landlord responsible for heat, water, sewer, garbage, cable, snow removal, lawn care and maintenance.
- Located one block north of E. 10th Street. Neighbors include Hy-Vee Foods, Campbell Supply, Applebees, Ruby Tuesdays, Eastway Bowl, Arby’s and Boston’s Pizza.
- Washington High School, Anne Sullivan Elementary and Whittier Middle School are all within 1.5 miles.
- Financials will be provided to qualified buyers upon request.
- This asset to be shown by appointment only. Please do not disturb the on-site management.
Brokers
Jeff Brooks
Broker Associate
Jeff joins NAI Sioux Falls after acquiring experience in the banking, sales and property management fields. Most recently, Jeff worked as a Regional Property Manager for a large property management company located in Sioux Falls, SD.
Mike Orr
Broker Associate
Mike graduated from Gustavus Adolphus College in St. Peter, MN in 2001. Since then he has gained experience in sales, marketing and advertising in professional and minor league sports. He has previously worked for organizations such as Minnesota Thunder Professional Soccer Club, Arizona Sahuaros Professional Soccer Club, Dakota Gold Soccer Club, and Twin Cities Phoenix FC.