Dakota Lofts

Dakota Lofts

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Property Summary

Address:
115 N Dakota Ave.
City:
Sioux Falls
State:
South Dakota
Zip:
57104
Property Type:
Apartment
Investor Return:
8% cash on cash return. Projected exit: 5-7 years, yielding a 12-13% IRR
Description:
This project was completed in November of 2013. It is a 4 story building with underground parking that consists of 40 upper end loft apartments with the possibility of condos on the top floor. All units are currently leased.