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705 Hickory St Kadoka, SD 57543
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 162919
Sold Date 12/28/23
Style 1 Story
Year Built 1980
Property Sub-Type Multiplex
Property Description
Affordable senior housing facility with 30 units, professional management, on-site facility manager and maintenance staff in place. Located just off Main Street in Downtown Kadoka. HAP contract. Recent $23K investment in building renovations. New roof/fascia/gutters/downspouts in 2022 ($150K). Average monthly rent is $831 and is adjusted annually. Significant upside opportunity with improved operations now that renovations are complete. Limited competition in the market.
Location
State SD
County Other
Area Central Plains
Zoning Conforming
Interior
Heating Electric
Cooling Wall
Exterior
Roof Type Composition
Building
Foundation Slab
Sewer City
Water City
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