Sioux Falls Commercial Real Estate

Home / Multi-Family

Multi-Family

Sold

J & K Manor

Click for larger image
118 9th Street West
Mobridge, SD

Space Available: 8 units

For Sale: $185,000

Property Description

  • Eight one-bedroom units for the elderly or disabled.
  • Rental subsidy. Section 8.
  • Property is believed to be eligible for acquisition Low Income Housing Tax Credits (LIHTC).
    REAC: 93a (5/11/10)
  • Tenants pay 30% of income towards rent.
  • Landlord pays electric, heat, water, sewer, trash, lawn care and snow removal.
  • On- site & Off-street parking.
  • Small utility shed with work bench.
  • Laundry facilities.
  • New windows and shingles in 2009.
  • Underground sprinkler system.
  • Mobridge is located in north central South Dakota along the banks of the Missouri River. The population was 3,465 at the 2010 census.
  • Financials will be provided to qualified buyers upon request.
  • Co-listed with Key Real Estate of Mobridge.

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.

Learn more about Jeff
View Jeff's listings here