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The Heights 1000 N Dakota St 74 Unit Apartment Building $17,226,750 CAD ($232,794 CAD/Unit) Vermillion, SD 57069

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Investment Highlights

Adjacent to the University of South Dakota
Leasing: 82.6% Occupied / 75% Pre-leased for 2026-27 school year.

Amenities: Rooftop Patio, Pool, Study Rooms, Game Room, and Conference Room

1000 N Dakota St, Vermillion - The Heights 05.26

Property Facts

Price	$17,226,750 CAD	Lot Size	3.61 AC
Price Per Unit	$232,794 CAD	Building Size	137,575 SF
Sale Type	Investment	Average Occupancy	83%
No. Units	74	No. Stories	3
Property Type	Multifamily	Year Built	2019
Property Subtype	Apartment Multifamily Dormitory	Parking Ratio	1.76/1,000 SF
Apartment Style	Mid-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	B

Price	$17,226,750 CAD
Price Per Unit	$232,794 CAD
Sale Type	Investment
No. Units	74
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Mid-Rise
Building Class	B
Lot Size	3.61 AC
Building Size	137,575 SF
Average Occupancy	83%
No. Stories	3
Year Built	2019
Parking Ratio	1.76/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.