Sioux Falls Commercial Real Estate

Multi-Family

New List Price

Milford Six-Plex

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502 P Avenue
Milford, Iowa

Space Available: 6 units

For Sale: $257,000

Property Description

  • Fully leased six-plex located one block east of Okoboji Avenue in Milford, Iowa.
  • All units are two bedroom, one bath units.
  • Stove, oven and refrigerator in each unit.
  • Tenant pays electric, gas and cable.
  • Landlord responsible for water, sewer and trash.
  • Laundry facilities on-site.
  • Six stall garage and paved, on-site parking.
  • Close to shopping, parks and Okoboji Community School District.
  • Current rents are $50-$70/month BELOW market rents—Garage rent is currently INCLUDED in gross rents.
  • Financials will be provided to qualified buyers upon request.
  • This asset to be shown by appointment only.

Brokers

Bryan Mulder

Broker Associate

Bryan Mulder joined NAI Sioux Falls after acquiring 15+ years in sales, franchising, consulting and training in the Midwest. Bryan has dealt with retail business site selection, consulting with owners/managers on project cost analysis as well as operational cost control of businesses.