A rare opportunity for seasoned or new investors, this well-maintained Brandon 4-plex offers strong income potential, desirable layout & amenities for tenants & minimal owner expense. It includes two spacious 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, each with 2 entrances from side door through oversized attached garage or through main lobbyâ??a rare combo of convenience and privacy tenants love. Individually metered units allow tenants to cover their own utilities for minimal owner expense & private utility rooms for each unit means easy maintenance w/o tenant disturbance. Each unit equipped with central heat & air, in-unit laundry (washers/dryers included) & all appliancesâ??some recently updated. Primary bedrooms have walk-in closets and passthrough baths. Two units fully refreshed with new flooring & paint (pictured), others are in excellent, move-in-ready condition (pictured). Brandon is known for strong schools, community feel and rapid growth, adding long-term value through continued appreciation in addition to monthly income. Immaculate and well cared for, no work to be done â?? set your rent, choose your tenants and start earning on an amazing investment!
Two exceptional 16 unit apartments with a 6.95% 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. Completed Building Analysis Reports are available upon request. NOTE: 1411 & 1413 must be purchased together. These properties are a favorable addition to your real estate portfolio. Each apartment is made up of 16 units and 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 10,745. Brandon is more family-centric than the surrounding county with 43.89% of the households containing married families with children. The county average for households married with children is 34.14%.
The median household income in Brandon, South Dakota is $96,367. The median household income for the surrounding county is $66,502 compared to the national median of $69,021. The median age of people living in Brandon is 36.5 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 6.3 degrees. The average rainfall is approximately 26.6 inches per year, with 37.4 inches of snow per year.
