CRC Properties Portfolio

4620 E. 6th Street et al Sioux Falls, SD

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Sale Price: $4,000,000

Building Size: Multi-Unit Portfolio

Total Available Space: Multi-Unit Portfolio

Suite Size: Multi-Unit Portfolio

Property Type: Investment | Multi-Family

Property Description

Pricing

  • List Price: $4,000,000
  • Cap Rate: 6.27%

Sycamore Oak Townhomes

  • 4620, 4624 & 4628 E. 6th Street, Sioux Falls, South Dakota
  • Property consists of 28 two bedroom, 1.75 bathroom 2 story townhomes
  • Year built: 2001
  • Project also has three detached garages with 30 stalls
  • 45 surface parking spaces
  • Currently the rent includes one garage stall
  • Each unit has stack washer and dryers, microwave, electric stove and refrigerator
  • Each unit has gas water heater and gas forced air furnace with central air conditioning
  • Tenant pays gas and electricity, owner furnishes water, sewer and trash
  • Lot size: 73,104 sq. ft.
  • Zoning: O-General Office District

Aspen Heights Townhomes

  • 303 S. Cleveland Avenue, Sioux Falls, South Dakota
  • Property consists of 16 two bedroom, 1 bathroom up and down townhomes
  • Year built: 2000
  • Two detached garages with 16 stalls
  • 16 surface parking spaces
  • Currently the rent includes one garage stall
  • Each unit has full size washer and dryers, microwave, electric stove and refrigerator
  • Each unit has electric water heater and electric forced air furnace with central air conditioning
  • Tenant pays electricity, owner furnishes water, sewer and trash
  • Lot size is 34,948 sq. ft.
  • Zoning: O-General Office District

Aspen Heights House

  • 317 S. Cleveland Avenue, Sioux Falls, South Dakota
  • Property is a 3 bedroom one bathroom single family home
  • Finished basement
  • Attached single stall garage
  • Year built: 1957
  • Next to the Aspen Heights Townhomes
  • Tenant pays all utilities
  • Lot size: 10,494 sq. ft.
  • Zoning: O-General Office District

Baha Four-Plex

  • 4801 Baha Avenue is a garden style four-plex
  • Year built: 1976
  • 4 two bedroom one bath units
  • Lot size: 10,000 sq. ft.
  • Units have baseboard hot water heat from gas boiler paid by owner
  • Owner pays hot water, water, sewer and trash
  • Tenant pays in unit electricity which includes thru-wall air conditioner and cooking
  • Building has one set of washer and dryer
  • Eight surface parking spaces, but no garages
  • Zoning: RA-1, Residential – Apartments Low Density

Baha Eight-Plex

  • 4901 Baha Avenue is a garden style eight-plex
  • Year built:1977
  • 7 two bedroom one bath units and 1 one bedroom one bath unit
  • Each unit has gas forced air furnace with central air conditioner
  • Top two units have fireplaces
  • Building has one set of washer and dryer
  • One 8 stall garage building
  • Four surface parking spaces
  • Lot size: 20,029 sq. ft.
  • New siding was added in the last 3 years
  • Zoning: RA-1, Residential – Apartments Low Density

Brokers

Steven Shaykett, MAI

Broker Associate

Office Phone: (605) 321-4284

Steve has over 40 years of real estate appraisal experience, which gives him valuable skill set, insight and knowledge to assist buyers and sellers in acquiring or selling all types of real estate, as well as assisting investors and developers in analyzing potential real estate projects.

View Steven's Profile