$900,000
MLS #: 181121

Description of 822 OTHER, Winner, SD 57580

Multi-family investment opportunity in Winner, South Dakota. Presidential Square Apartments offers a 36-unit portfolio spanning three buildings on a 2 acre lot with off-street parking. Featuring 35 rentable residential units + 1 dedicated unit for a leasing office (can be converted back to a studio unit), this property represents a dominant housing asset offered at a fraction of modern ground-up construction costs. The portfolio delivers immediate, dependable cash flow backed by a 2026 run-rate Net Operating Income of -$42K across 21 currently paying units. Each building has (8) studio apartments and (4) 1-bedroom apartments, some furnished. Each unit is separately metered for electric, the owner currently pays city water/sewer/sanitation & propane (for water heater). Apartments all have individual PTAC units with wall thermostats. Coin-operated laundry in each building. Positioned in the regional trade center of Tripp County, adjacent to local grocery/retail stores, hospital and schools. Buyer to verify all square footage, utility metering, and unit conditions during due diligence. Contact Taryn Pike, 605.840.0385 | [email protected] for financial packet and showing arrangements.

Property Features of 822 OTHER, Winner, SD 57580

TYPE
Multi Family
Year Built
1972
Subdivision
OTHER
Community
Outside Black Hills
Features
Electric heat
On street parking
Lot has city view
Subdivision: OTHER
Lot zoned: Unknown
Public sewer
Public water
Units in building(s): 36
For sale
Courtesy of: ENGEL & VOELKERS BLACK HILLS, LLC TARYN PIKE

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