1500 1st Ave NW | 1500 1st Ave NW
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1500 1st Ave NW 1500 1st Ave NW
6 Unit Apartment Building $530,000 ($88,333/Unit) Mandan, ND 58554
Investment Highlights
- Full brick exterior
- On site parking
- Coin operated laundry on each level
Executive Summary
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
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
Property Facts
Price | $530,000 | Building Class | C |
Price Per Unit | $88,333 | Lot Size | 0.21 AC |
Sale Type | Investment | Building Size | 6,945 SF |
No. Units | 6 | Average Occupancy | 100% |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built | 1977 |
Apartment Style | Low Rise | Parking Ratio | 1/1,000 SF |
Price | $530,000 |
Price Per Unit | $88,333 |
Sale Type | Investment |
No. Units | 6 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.21 AC |
Building Size | 6,945 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built | 1977 |
Parking Ratio | 1/1,000 SF |
Unit Amenities
- Air Conditioning
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Freezer
Site Amenities
- 24 Hour Access
- Trash Pickup - Curbside
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 6 | - | - |
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zoning
Zoning Code | CA (Neighborhood Commercial) |
CA (Neighborhood Commercial) |
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1500 1st Ave NW | 1500 1st Ave NW
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