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1026 Cornell St 32 Unit Apartment Building $4,753,420 CAD ($148,544 CAD/Unit) 5.64% Cap Rate Vermillion, SD 57069

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Investment Highlights

  • Clean, well-maintained complex
  • 28 of 32 units recently updated flooring, paint and fixtures
  • Great rental history

Property Facts

Price $4,753,420 CAD
Price Per Unit $148,544 CAD
Sale Type Investment
Cap Rate 5.64%
No. Units 32
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.38 AC
Building Size 29,952 SF
Average Occupancy 93%
No. Stories 2
Year Built 2005

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Microwave
  • Ceiling Fans
  • Refrigerator
  • Oven
  • Deck
  • Patio
  • Smoke Free
  • Vinyl Flooring

Site Amenities

  • Laundry Facilities
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 28 $1,426 CAD -
2+2 4 $1,358 CAD -

Property Taxes

Property Taxes

Parcel Number
15180-00000-130-15
Land Assessment
$49,531 CAD
Improvements Assessment
$935,044 CAD
Total Assessment
$984,575 CAD
  • Listing ID: 39730166

  • Date on Market: 2026-03-10

  • Last Updated:

  • Address: 1026 Cornell St, Vermillion, SD 57069

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