Pierre Portfolio Investment Opportunity

Pierre, SDNAI Sioux Falls is proud to present a unique portfolio investment opportunity consisting of multifamily, commercial, and land assets in the heart of Pierre, SD. All assets to be sold in one sale. This portfolio includes 92 multifamily units across 8 properties, land parcels with development potential, including a single-family home ordered for demolition, and a laundromat offering potential commercial income. All properties are centrally located within a five-block radius in downtown Pierre, offering a rare opportunity to expand a real estate portfolio in Pierre with strong rental upside. Key transaction details include an as-is sale, where all properties will be sold in their current condition. All multifamily properties will be delivered vacant, with no tenants in place, allowing for immediate repositioning. All properties have had new roofs installed in 2024. The call for offers is set for April 30, 2025. Most recent appraisals will be provided with a signed Non-Disclosure Agreement. Property tours will take place on Monday, April 7, 2025, and Friday, April 18, 2025. This is an exceptional opportunity to acquire a strategically located portfolio with value-add potential.