Garretson 8-Plex

812 Canyon Ave, Garretson, SD, USA
Download Spec Sheet
  • Total Available Space: 9,396 sq. ft.
  • Building Size: 9,396 sq. ft.
  • Lot Size: 13,438 sq. ft.
  • Year Built: 1976
  • Sale Price: $525,000

Property Features

  • 8 units
  • One – 1 bedroom unit
  • Seven – 2 bedroom units
  • Building: 3,198 main level/ 3,198 lower level
  • Lot size: +/-13,438 sq. ft.
  • Year built: 1976
  • Storage shed included
  • Fully occupied
  • 6.92% cap rate
  • 37.7% expense ratio

Pricing

  • List price: $525,000
  • 2020 Real Estate Taxes: $4,780.34

Location

  • Located on the north side of Garreston, SD, home to the historic Devil’s Gulch and just down the road from Palisades State Park
  • Garretson is 20 northeast of Sioux Falls

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