Alexander Apartments | 804 Elk St
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Alexander Apartments 804 Elk St
21 Room Hotel Alexander, ND 58831 $429,990 ($20,476/Room)
Investment Highlights
- 15,000 Square Foot Hotel
- Spacious Layouts
- 6 RV Hookups
- 24 Total Rooms: 21 Hotel Style Rooms, 2 Apartments and Managers Quarters
- Recent Upgrades Including: New Roof, New Flooring Throughout, Updated Kitchen Cabinets and Countertops, Updated Bathrooms
- Perfect For Any Company Looking To Save Housing Costs
Executive Summary
Welcome to 804 Elk Street, Alexander, ND, 58831. This impressive 15,000 square foot property is tailored for the discerning full-service investor. Boasting 24 versatile rooms, including 21 hotel-style rooms, 2 apartments, and manager's quarters, it offers spacious layouts and modern upgrades. Recent enhancements, such as a new roof, updated flooring, kitchen cabinets, and countertops, as well as renovated bathrooms, ensure a turnkey investment opportunity. This property also boasts (6) RV hookups behind the building. With potential for significant cost savings on housing, this property is an enticing prospect for any company seeking a robust investment in the hospitality sector. Don't miss the chance to explore the investment potential of this prime property in the heart of Alexander.
Property Facts
| Price | $429,990 | Building Size | 15,000 SF |
| Price Per Room | $20,476 | No. Rooms | 21 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1985 |
| Property Subtype | Hotel | Parking Ratio | 1.13/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.72 AC |
| Price | $429,990 |
| Price Per Room | $20,476 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 15,000 SF |
| No. Rooms | 21 |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 1.13/1,000 SF |
| Corridor | Exterior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 21 | $72.00 | - |
PROPERTY TAXES
| Parcel Number | 79-65-20000 | Improvements Assessment | $3,535 |
| Land Assessment | $10,940 | Total Assessment | $14,475 |
PROPERTY TAXES
Parcel Number
79-65-20000
Land Assessment
$10,940
Improvements Assessment
$3,535
Total Assessment
$14,475
zoning
| Zoning Code | H (Hospitality) |
| H (Hospitality) |
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Alexander Apartments | 804 Elk St
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