822 OTHER, Winner, SD 57580
822 OTHER, Winner, SD 57580
822 OTHER, Winner, SD 57580
18
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Listed byTARYN PIKE • ENGEL & VOELKERS BLACK HILLS, LLC
$795,000
Est. payment /mo
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Active Under Contract

822 OTHER Winner, SD 57580

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Jarred Curry

Jarred Curry

+1(605) 939-0990

UPDATED:

Key Details

Property Type Residential Income

Sub Type Other

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 181121

HOA Y/N No

Year Built 1972

Lot Dimensions 1.947

Property Sub-Type Other

Property Description

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 | tarynpike1@gmail.com for financial packet and showing arrangements.

Location

State SD

Area Other

Zoning Unknown

Direction Heading east through Winner following US-18 E/US-183 S/S 18/Oyate Trl, Turn right onto E 7th St, Turn left onto Golden Pr Dr, Destination will be on the right

Interior

Heating Electric, Individual Heat

Cooling Individual A/C, Mini Split

Exterior

Parking Features On Street, Off Site, Common

View Y/N Yes

Roof Type Other (See Remarks)

Accessibility Other (See Remarks)

Garage No

Building

Foundation Other (See Remarks)

Sewer City (at site)

Water Public

Level or Stories Two

Others

Acceptable Financing Cash, New Loan

Listing Terms Cash, New Loan

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Schools and Properties Nearby

Jarred Curry
Jarred Curry

Broker Associate

+1(605) 939-0990 | realtorjarred@gmail.com

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822 OTHER