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Multi-Family

Pathways in the Park Townhomes

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400 - 421 S. Pathways
Lennox, SD

Space Available: 16 units

For Sale: $1,750,000

Property Description

  • Sixteen two-bedroom units in four ranch style buildings located on the eastern edge of Lennox, SD.
  • 100% occupied.
  • Rent is currently $685.00/month.
  • Unit mix includes: Fifteen two-bedroom, two bath units
    One fully handicap accessible unit.
  • 1,178 sq. ft. of living space in each two-bedroom unit and 1,212 sq. ft. in the handicap accessible unit.
  • Appliances include range, refrigerator, dishwasher, and garbage disposal.
  • Unit features include kitchen, dining room, living room, bath (s), walk-in closets, private entrances on one level throughout.
  • Gas heat and central air.
  • Washer/dryer hookups.
  • Inside utility room.
  • Each unit has an attached single stall garage with garage door opener and two remotes.
  • Two additional detached garage buildings on-site provide eight single garage stalls.
  • Tenant responsible for all utilities.
  • Landlord responsible for snow removal and lawn care.
  • Private cul-de-sac access.
  • Future development possibilities on the 5+ acres located directly north of the townhomes. Currently zoned residential, but City is open to change.
  • Easily accessible from Highway 17.
  • Close to Main Street.
  • Property is owned by the Lennox Housing & Redevelopment Commission, a non-profit entity.
  • Financials will be provided to qualified buyers upon request.
  • This asset to be shown by appointment only.
  • Co-listed with HJN Team Real Estate.

Brokers

Pam Breidenbach

Broker Associate

Pam Breidenbach joined NAI Sioux Falls in March, 2010. Pam has lived in Sioux Falls for 30 years and has been involved in the real estate profession for the past 20 years. She has managed and leased numerous prominent commercial and residential properties throughout Sioux Falls as well as having successfully negotiated the purchase of various commercial and residential properties.

Learn more about Pam
View Pam 's listings here