Two exceptional 16 unit apartments with a 7.6% Cap Rate, located in the growing and highly desirable city of Brandon, SD. 1411 & 1413 E Rushmore Dr are single level buildings with zero step entry and are in excellent condition. These would be a wise addition to your real estate portfolio. Each unit has 1 bedroom and 1 bathroom with baseboard heating and wall mounted AC. Tenants pay for their own electricity and cable. Most of the units have been updated in recent years, and several large expense maintenance items have been addressed in the past 15 years. Schedule a showing today!
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Brandon is located in South Dakota. Brandon, South Dakota has a population of 9,731. Brandon is more family-centric than the surrounding county with 46.28% of the households containing married families with children. The county average for households married with children is 33.37%.
The median household income in Brandon, South Dakota is $80,727. The median household income for the surrounding county is $57,322 compared to the national median of $57,652. The median age of people living in Brandon is 33.3 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 6.9 degrees. The average rainfall is approximately 27.6 inches per year, with 44.5 inches of snow per year.
