1500 1st Ave NW - Apartments FOR SALE


Mandan, ND 58554- Downtown Mandan
$530,000 USD
701-527-9101
1500 1st Ave NW, Mandan, ND for Sale
$530,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1500 1st Ave NW
Mandan, ND 58554
Downtown Mandan


HIGHLIGHTS

  • Full brick exterior
  • Coin operated laundry on each level
  • On site parking

OVERVIEW

Fully occupied, six-unit investment opportunity in North Mandan. This property features six 2-bedroom, 1-bathroom apartments on three levels. Easy access to Downtown Mandan and Interstate 94. Rents will be increased on October 1, 2024. HIGHLIGHTS Full brick exterior Coin operated laundry on each level On-site parking Potential gross rent: $57,840 Taxes (2023): $6,803.50 Specials- Installments: $1,220.63 / Balance: $5,333.49

FOR SALE DETAILS

PRICE

$530,000 USD

PRICE/SF

$76 USD /SF

# OF UNITS

6

PRICE/UNIT

$88,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1500 1st Ave NW

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1977

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,051 SF

ZONING

CA

APN/PARCEL ID

65-2150000

ASK ABOUT THIS PROPERTY

Brett BinaThe CRA GroupMore Info
701-527-9101

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Brett BinaThe CRA GroupMore Info
701-527-9101

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.