Are you on the lookout for a lucrative investment opportunity? Look no further! We bring to you an exceptional investment property located right across the street from a bustling campus in South Dakota. This prime real estate gem offers not only a promising location but also numerous features that make it an irresistible prospect for investors.
This investment property boasts a spacious four-bedroom, two-and-a-half-bathroom layout, providing ample space for tenants. With a two-stall garage, tenants will have the convenience of parking their vehicles securely. The property is currently leased for $1,200 per month until May 31, 2023, ensuring an immediate return on investment for interested buyers. Starting from June 1st, the lease will be increased to $1,300 per month, further increasing the potential earnings for investors.
One of the most enticing aspects of this investment opportunity is its location. Being situated directly across the street from a bustling campus, the property is perfectly positioned to attract students and faculty members seeking convenient housing options. The demand for accommodation near educational institutions is always high, guaranteeing a consistent flow of prospective tenants. This makes it an ideal investment for those looking for stable rental income.
South Dakota, known for its natural beauty and friendly communities, has experienced a steady growth in population and development in recent years. This growth has spurred a rise in demand for housing, particularly in areas close to educational institutions. Investing in this property not only ensures a stable income stream but also presents the potential for long-term appreciation as the area continues to thrive.
Additionally, the property’s current lease agreement provides a sense of security to potential investors. With a lease term extending until 2023, buyers can rest assured that their investment will yield consistent returns for the foreseeable future. This stability allows investors to plan their financial strategies effectively and make informed decisions.
Investing in real estate is widely regarded as a secure and profitable venture, and this South Dakota investment property exemplifies the opportunities that await astute investors. With its prime location, spacious layout, and a lease already in place, this property is a golden opportunity for those seeking a reliable and lucrative investment in the real estate market.
Don’t miss out on this chance to secure a valuable asset that promises both immediate returns and long-term growth potential. Whether you are an experienced investor or just starting your journey in the real estate market, this South Dakota investment property offers an excellent opportunity to diversify your portfolio and enjoy the benefits of passive income.
Act now and seize this South Dakota investment property for sale. Contact our team today to explore this exciting investment prospect and take a step towards securing your financial future.
316 N Dakota, Vermillion, SD 57069