Log In/Sign Up
Your email has been sent.
Parkview East 306 11th St 12 Unit Apartment Building $1,376,682 CAD ($114,723 CAD/Unit) 8.13% Cap Rate Brookings, SD 57006
Investment Highlights
- Well-maintained 12-unit multifamily asset with extensive interior renovations completed since 2020.
- Located less than one mile from South Dakota State University, Brookings Dog Park, and Sexauer Park.
- Significant capital improvements include a new roof, updated windows, and a replacement boiler.
- Diverse unit mix featuring one-bedroom, two-bedroom, and two-bedroom-plus-den floor plans.
Executive Summary
Three-story brick building in Brookings, SD. Located less than 1 mile from South Dakota State University, Brookings Dog Park, and Sexauer Park. Well-maintained interior and exterior. Numerous recent replacements including roof (2023), windows (2022 & 2026), and boiler (2024). All units turned with new cabinets, countertops, flooring and vanity/top since 2020.
Property Facts
| Price | $1,376,682 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $114,723 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.44 AC |
| Cap Rate | 8.13% | Building Size | 19,297 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | ||
| Zoning | R3 | ||
| Price | $1,376,682 CAD |
| Price Per Unit | $114,723 CAD |
| Sale Type | Investment |
| Cap Rate | 8.13% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 19,297 SF |
| No. Stories | 3 |
| Year Built | 1971 |
| Zoning | R3 |
Amenities
Site Amenities
- Laundry Facilities
- Smoke Free
- Awning
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 402200000000030 | Improvements Assessment | $604,633 CAD |
| Land Assessment | $40,124 CAD | Total Assessment | $644,758 CAD |
Property Taxes
Parcel Number
402200000000030
Land Assessment
$40,124 CAD
Improvements Assessment
$604,633 CAD
Total Assessment
$644,758 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Parkview East | 306 11th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.