Marion

EXECUTIVE SUMMARY

Marion Apartments, located at 5208-5212 W 47th St in Sioux Falls, SD, is a prime investment opportunity featuring 8 well-maintained units (4 one-bedroom at 600 SF and 4 two-bedroom at 850 SF) with a 0.0% vacancy rate and minimal 0.3% concessions, making it a highly sought-after rental community. Sioux Falls has seen remarkable growth, with the city’s population soaring 25% from 153,888 in 2010 to 192,517 in 2020, fueled by a robust economy, low unemployment (historically below 3%), and a projected 11.36% population increase within 3 miles (2024-2029). Marion Apartments offers investors stable cash flow and strong appreciation potential in a dynamic, expanding market.