Investment Opportunity: Renovated 5-Plex in Florence, SD

Explore the charming town of Florence, SD, where your prospective investment is located. Nestled amidst the scenic beauty of the Midwest, the area offers a peaceful and inviting atmosphere with a strong sense of community. Nearby, you'll find the serene Dry Lake, perfect for leisurely strolls and outdoor activities. For the historically inclined, the Florence Museum showcases the town's rich heritage. With its proximity to local shops and dining establishments, your future building will offer convenience and tranquility to tenants. Florence, SD, presents an attractive opportunity for those seeking to invest in a tranquil and thriving community.Discover an exceptional investment opportunity in the thriving Florence area. This stunning multifamily mid-rise property, built in 1920 and meticulously renovated in 2024, offers 3,800 SF of prime real estate comprised of 5 units. Boasting an impressive 85% occupancy rate, this property exemplifies stability and income potential. The timeless charm of the building is complemented by modern amenities, ensuring a desirable living experience for residents. With its convenient location and strong rental demand, this property presents an attractive prospect for the discerning multifamily investor seeking a lucrative addition to their portfolio.