Winsor Apartments

For Sale

804 and 814 North Winsor Street, Mitchell, SD 57301

This Mitchell property for sale is located at 804 and 814 North Winsor Street. The current listed sale price for Winsor Apartments is $2,090,000. Winsor Apartments is situated on a lot that is 2 acre in size.

Contacts

broker
Todd Syhre

eXp Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 21,948 SF
  • Units 24
  • Lot Size 2 Acre
  • Additional Rent Contact for pricing
  • Year Built 1965
  • Year Renovated 2019
  • Date Updated Dec 30, 2024
Discover the prosperous investment potential of the thriving city of Mitchell, SD. Located in the heart of the city, the property is surrounded by a dynamic business environment and a range of amenities, including the nearby Corn Palace, a renowned historic landmark and popular tourist destination, and a variety of dining, shopping, and entertainment options. Mitchell's strategic location at the crossroads of major highways offers convenient connectivity, while its strong local economy and community spirit make it an attractive destination for office and office building investors. Experience the opportunity of investing in a community with a rich heritage and a promising future.Investment Opportunity: Winsor Apartments – Mitchell, SD Nestled on a spacious 2-acre lot in the growing community of Mitchell, South Dakota, Winsor Apartments offers an outstanding investment opportunity. This property features two well-maintained buildings, constructed in 1965, consisting of 24 total units. With minor updates recently completed, the complex is fully operational and boasts consistent occupancy, making it a prime option for investors seeking reliable cash flow. The layout provides ample parking with garage spaces and attractive green spaces, enhancing tenant satisfaction and retention. Located near local amenities, Mitchell HS and Mitchell’s vibrant downtown area, the property benefits from easy access to shopping, dining, schools, and major roadways, ensuring it remains an appealing option for renters.
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Highlights

  • Investment Highlights:
  • Two buildings with 24 units on a large 2-acre lot
  • Built in 1965 with minor updates to maintain the property’s appeal
  • Strong rental demand in Mitchell, ensuring low vacancy rates
  • Potential for further upgrades or modernization to boost rental income
  • Stable, income-generating asset with value-add potential
  • Convenient location near local amenities and schools
  • Whether you’re a seasoned investor or looking to enter the multifamily housing market, Winsor Apartments represents a solid long-term investment in a growing community.

Getting around

  • 40/100

    Walk Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Mitchell, SD
  • Zip Code 57301

Points of Interest

  • Casey's General Store

    0.76 miles

  • Little Dukes

    0.81 miles

  • Sinclair

    0.93 miles

  • Clark

    1.06 miles

  • Freedom

    1.10 miles

  • Cenex

    1.16 miles

  • M & H

    1.23 miles

  • Circle K

    1.64 miles

  • Tesla Destination Charger

    1.85 miles

  • Shell

    1.89 miles

  • Davison County

    0.50 miles

  • Free public parking

    0.59 miles

  • Hitchcock Park & Pool

    0.67 miles

  • Free Public Parking

    0.72 miles

  • Public Parking

    0.77 miles

  • Park & Trail

    0.82 miles

  • Whittier Bldg

    0.86 miles

  • RV Parking

    1.99 miles

  • Corn Palace Inn

    1.19 miles

  • Quality Inn

    1.33 miles

  • Days Inn

    1.49 miles

  • AmericInn Lodge & Suites

    1.50 miles

  • Thunderbird Lodge

    1.59 miles

  • Super 8

    1.64 miles

  • Siesta Motel

    1.65 miles

  • Budget Inn

    1.82 miles

  • Hampton

    1.86 miles

  • Kelly Inn and Suites

    1.94 miles

  • Coborn's Superstore

    0.81 miles

  • Runnings

    1.43 miles

  • County Fair Food Store

    1.78 miles

  • Walmart Supercenter

    2.25 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Todd Syhre

eXp Commercial