5180 Lincoln Rd - Apartments FOR SALE


Lincoln, ND 58504
$5,925,000 USD
5180 Lincoln Rd, Lincoln, ND for Sale
$5,925,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

5180 Lincoln Rd
Lincoln, ND 58504


HIGHLIGHTS

  • Just minutes from Bismarck, ND
  • Washer/Dryer in each unit
  • Across from Lincoln's new Dollar General

OVERVIEW

Aspen Group LLP Commercial Real Estate Services is pleased to present this exciting multi-family property for sale. Situated along Lincoln Road, a high traffic corridor, the property is just minutes from Bismarck's Kirkwood Mall! Built in 2014, this 3 story - 36 unit apartment building complete with garages offers new construction with leases in place! 45,507 SF building on 2.76 acres; Security system with cameras to DVR system; Auto door lock system with call units in each apartment; Washer & dryer in each unit; Electric heat measured to each unit; Wall AC units; Fire alarm system; Fully fire sprinkled

FOR SALE DETAILS

PRICE

$5,925,000 USD

PRICE/SF

$130 USD /SF

# OF UNITS

36

PRICE/UNIT

$164,583

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Family Investment Property Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2014

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.76 AC

LAND SF

120,226 SF

ZONING

-

APN/PARCEL ID

CL-138-80-75-01-020

ASK ABOUT THIS PROPERTY

Matt ReichertAspen Group Real EstateMore Info

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

Matt ReichertAspen Group Real EstateMore Info

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