River Valley Apartments 1300-1302 Quiniela Dr 130 Unit Apartment Building For Sale North Sioux City, SD 57049

River Valley Apartments
North Sioux City, South Dakota | 130 Units
River Valley Apartments is a vibrant 130-unit multifamily community built in 2014 and 2015 located in the North Sioux City, South Dakota. The property offers strong in-place cash flow, high occupancy, and immediate scale in a stable Midwestern market. This well-maintained property presents investors with a compelling opportunity to acquire a stabilized asset with strong in-place cash flow with additional upside potential through modest interior upgrades, operational efficiencies, and revenue optimization. The property features 92 1-Bedroom/1-Bath and 38 2-Bedroom/1-Bath units, 80 garages, a community Clubhouse with seasonal pool, a 2nd community room and a fitness room. The Siouxland region benefits from a diverse employment base, strong economic growth, and South Dakota’s highly favorable tax environment, including no state personal income tax and no corporate income tax, making it an attractive market for long-term multifamily investment. Located in a prime location within with quick access to I-29 in the desirable South Dakota corridor of the Sioux City, IA MSA which is approx. 145,000 with a trade area of over 300,000.
Note: Price shown on listing reflects that is no stated offering price and this is a Call For Offers sale format.
Property tours are being scheduled thru April 13 with a Call for Offers due April 30, 2026.Detailed financials and Investor Offering Package available to qualified buyers upon execution of an CA and under Due Diligence section.
Dennis Johnson 712.898.9706 | dennisjohnson@kw.com
Licensed in SD, IA, NE and MN. SD # 16380
Keller Williams Siouxland/KW Commercial
101 S. Virginia #103, Sioux City, IA 51101
or
Aaron Tyler 712.253.4139 aaron.tyler@kw.com
Licensed in IA, NE, SD, MN and TX