1000 S Crawford Rd, Vermillion, SD 57069
Local realty services provided by:CENTURY 21 Advantage
1000 S Crawford Rd,Vermillion, SD 57069
$2,080,000
- - Beds
- - Baths
- 6,560 sq. ft.
- Multi-family
- Active
Listed by: daniel stillson
Office: gateway real estate advisors
MLS#:22603644
Source:SD_RASE
Price summary
- Price:$2,080,000
- Price per sq. ft.:$317.07
About this home
Crawford Rising Apartments offers a rare combination of immediate income and long-term upside in a market that rarely disappoints. This stabilized 24-unit multifamily property in Vermillion, South Dakota is 100% occupied, nearly fully renovated, and supported by consistent demand from the University of South Dakota and the broader surrounding region.
The offering is priced at $2,080,000 and features a 7.00% cap rate, current NOI of $145,553, and pro forma NOI of $162,370. The property includes two buildings on 0.72 acres with a unit mix of 22 two-bedroom/one-bath and 2 one-bedroom/one-bath residences. With limited capital needs and rents currently below market, this asset presents a clear value-add opportunity for investors who want dependable performance and room to grow from day one.
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Home facts
- Year built:1979
- Subdivision & Development:Other - Outside Jurisdiction
- Listing ID #:22603644
- Added:147 day(s) ago
- Updated:October 16, 2026 at 02:58 PM
Rooms and interior
- Living area:6,560 sq. ft.
Structure and exterior
- Year built:1979
- Building area:6,560 sq. ft.
- Lot area:0.72 Acres
Schools
- High school:Vermillion HS
- Middle school:Vermillion MS
- Elementary school:Vermillion Elem School - Vermillion 13-1
Finances and disclosures
- Price:$2,080,000
- Price per sq. ft.:$317.07
- Tax amount:$21,336
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