101 Center Ave, Philip, SD 57567
101 Center Ave, Philip, SD 57567
101 Center Ave, Philip, SD 57567
101 Center Ave, Philip, SD 57567
101 Center Ave, Philip, SD 57567
101 Center Ave, Philip, SD 57567
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Abraham Carroll

Abraham Carroll

+1(605) 728-6599
$ 700,000
Est. payment | /mo

16,596 SqFt

Save
$ 700,000
Est. payment | /mo
Save

16,596 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 16,596 sqft

Price per Sqft $42

Subdivision Other - Outside Jurisdiction

MLS Listing ID 22508616

Year Built 1927

Lot Size 0.401 Acres

Property Sub-Type Other

Property Description

HUD Section 8 (HAP Contract) property for sale in Philip, SD! Parking lot included in sale. Unit Mix: Sixteen (16) one-bedroom/one-bathroom units. Three (3) commercial spaces. Owner Responsibility: Electric, water, sewer, trash removal, repairs/maintenance, and snow removal. Tenant Responsibility: Phone, cable, and internet. Unit Amenities: Stove, refrigerator, air conditioner, electric baseboard heat, and carpet/vinyl floor coverings. Property Amenities: Community room, main floor laundry room, elevator, onsite property management office, and off-street parking. Section 8 Coverage (# units / %): 16 units / 100%. Section 8 Contract #: SD99-H001-070. Renewal Option: Option 4. Term / Expiration: 20 Years / May 31, 2040. Elderly / Family: Elderly. Management Occupancy Review (MOR): Above-Average (July 2025). NSPIRE: 98 (February 2025). 100% Project-Based Section 8 rental subsidy. Three (3) Commercial Tenants: Daymond Lurz ($350/month), State Farm Insurance ($340/month), and Elizabeth Boardman ($300/month). The Senechal Apartments are being offered as part of a portfolio transaction and must be acquired together with the Riverview Townhouses, located at 302 E. Pine Street, Philip, SD 57567. Please contact the listing broker for additional details. Jeff Brooks is a licensed real estate broker in the State of South Dakota and part of the selling entity.

Location

State SD

County Other (out Of Jurisdiction)

Area Other

Interior

Heating Baseboard, Electric

Flooring Carpet

Exterior

Roof Type Other

Building

Sewer City Sewer

Water City Water

Schools

Elementary Schools Philip Es

Middle Schools Philip Jhs

High Schools Philip Hs

School District Haakon 27-1

Others

Miscellaneous Community Water Heater,Dead Bolt

Realtor Association of the Sioux Empire, Inc. (RASE)
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved
LIsted by Brooks Commercial Real Estate • Jeffrey Brooks
Abraham Carroll

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(605) 728-6599

abraham.carroll20@joinreal.com

4912 S Technopolis Dr, Sioux Falls, SD, 57106-4230, USA

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101 Center Ave