2805-09 Bragstad Dr E, Sioux Falls, SD 57103-

General Description

2805-09 E Bragstad Dr presents a rare opportunity to acquire two side-by-side tri-plexes in Sioux Falls, SD, offering scale, strong in-place income, and value-add potential. The property consists of six total units, with four units recently renovated and two units remaining unrenovated, providing a clear path for future rent growth. The two unrenovated units are occupied by long-term tenants who have been in place prior to 2020, offering stable cash flow. While not fully updated, these units received new basement flooring in 2024, reducing near-term capital needs while preserving upside through future renovations. Unit mix: Outside units: 4 Bed, 2.5 Bath Middle units: 3 Bed, 2.5 Bath The property also features six garage stalls located behind the buildings, enhancing tenant appeal.

Legal: Lot 2 Block 5 KLONDIKE ADDN TO CITY OF SIOUX FALLS