Winsor Apartments

804 and 814 North Winsor Street, Mitchell, SD 57301

  • For Sale $2,090,000
  • Property Type Multi-Family
  • Property Size 21,948 SF
  • Units 24
  • Lot Size 2 Acre
  • Additional Rent Contact for pricing
  • Year Built 1965
  • Year Renovated 2019
  • Date Updated Dec 30, 2024
Discover the prosperous investment potential of the thriving city of Mitchell, SD. Located in the heart of the city, the property is surrounded by a dynamic business environment and a range of amenities, including the nearby Corn Palace, a renowned historic landmark and popular tourist destination, and a variety of dining, shopping, and entertainment options. Mitchell's strategic location at the crossroads of major highways offers convenient connectivity, while its strong local economy and community spirit make it an attractive destination for office and office building investors. Experience the opportunity of investing in a community with a rich heritage and a promising future.Investment Opportunity: Winsor Apartments – Mitchell, SD Nestled on a spacious 2-acre lot in the growing community of Mitchell, South Dakota, Winsor Apartments offers an outstanding investment opportunity. This property features two well-maintained buildings, constructed in 1965, consisting of 24 total units. With minor updates recently completed, the complex is fully operational and boasts consistent occupancy, making it a prime option for investors seeking reliable cash flow. The layout provides ample parking with garage spaces and attractive green spaces, enhancing tenant satisfaction and retention. Located near local amenities, Mitchell HS and Mitchell’s vibrant downtown area, the property benefits from easy access to shopping, dining, schools, and major roadways, ensuring it remains an appealing option for renters.
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Highlights

  • Investment Highlights:
  • Two buildings with 24 units on a large 2-acre lot
  • Built in 1965 with minor updates to maintain the property’s appeal
  • Strong rental demand in Mitchell, ensuring low vacancy rates
  • Potential for further upgrades or modernization to boost rental income
  • Stable, income-generating asset with value-add potential
  • Convenient location near local amenities and schools
  • Whether you’re a seasoned investor or looking to enter the multifamily housing market, Winsor Apartments represents a solid long-term investment in a growing community.

Contacts

broker

eXp Commercial

Location

Getting Around

  • Walk Score ®

    40/100 Car-Dependent
  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Mitchell, SD
  • Zip Code 57301

Points of Interest

  • Casey's General Store

    0.76 miles

  • Little Dukes

    0.81 miles

  • Sinclair

    0.93 miles

  • Clark

    1.06 miles

  • Freedom

    1.10 miles

  • Cenex

    1.16 miles

  • M & H

    1.23 miles

  • Circle K

    1.64 miles

  • Tesla Destination Charger

    1.85 miles

  • Shell

    1.89 miles

  • Davison County

    0.50 miles

  • Free public parking

    0.59 miles

  • Hitchcock Park & Pool

    0.67 miles

  • Free Public Parking

    0.72 miles

  • Public Parking

    0.77 miles

  • Park & Trail

    0.82 miles

  • Whittier Bldg

    0.86 miles

  • RV Parking

    1.99 miles

  • Corn Palace Inn

    1.19 miles

  • Quality Inn

    1.33 miles

  • Days Inn

    1.49 miles

  • AmericInn Lodge & Suites

    1.50 miles

  • Thunderbird Lodge

    1.59 miles

  • Super 8

    1.64 miles

  • Siesta Motel

    1.65 miles

  • Budget Inn

    1.82 miles

  • Hampton

    1.86 miles

  • Kelly Inn and Suites

    1.94 miles

  • Daylight Donuts

    0.49 miles

  • Little Caesars

    0.55 miles

  • The Back 40

    0.59 miles

  • Subway

    0.71 miles

  • La Tequilera Mexican Food

    0.72 miles

  • Mya's Teriyaki

    0.75 miles

  • Taco John's

    0.75 miles

  • McDonald's

    0.77 miles

  • Domino's

    0.80 miles

  • Zesto

    0.82 miles

  • Mitchell Senior High School

    0.04 miles

  • Second Chance High School & North MTI Campus

    0.14 miles

  • North MTI Campus

    0.14 miles

  • Longfellow Elementary School

    0.52 miles

  • Gertie Belle Rogers Elementary School

    0.54 miles

  • Mitchell Middle School

    0.97 miles

  • Mitchell Christian School

    1.23 miles

  • Dakota Wesleyan University

    1.59 miles

  • St. John Paul II Elementary School

    1.73 miles

  • Mitchell Technical Institute

    2.10 miles

  • Bright Beginnings

    1.56 miles

Frequently Asked Questions

How much does Winsor Apartments cost?

The space currently listed for sale at Winsor Apartments asks for $2,090,000.

What is the total square footage of Winsor Apartments?

Winsor Apartments totals 21,948 square feet.

When was this property built?

Winsor Apartments was built in 1965.

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Contact Listing Broker
broker

eXp Commercial