Multifamily apartment located at 400 1st St Florence, SD 57235.
For the Investor!
This investment opportunity boasts a solid history of 100% occupancy with recent upgrades such as a new roof, fresh exterior paint, new decks, and updated flooring in most units. With desirable demographics and an impressive 11% Cap Rate, this property offers a strong addition to any portfolio at an attractive sale price of $235,000
The current rents and leasing terms promise stable income flow, presenting a favorable investment scenario. Interested investors can request a virtual tour and serious inquiries can schedule walk-throughs to witness the potential of this fully occupied and well-maintained property firsthand.
Don't miss out on this prime opportunity to secure a steady income-generating asset in a great community!
Where it's located
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