Portfolio of 3 Properties for Sale
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Portfolio of 3 Properties for Sale
Offered at $2,950,000 in Moorhead, MN
Executive Summary
Two 9,750 SF shop condos constructed by Morton Buildings for sale in Moorhead, MN. Both are fully leased with NNN leases. The 2024 projected income is $181,633.56. The property is valued at a 7% CAP rate in the sales price. Available land on the south side offers space for two additional 9,750 SF building sites withutility infrastructure, storm water retention already in place. Valued at $350,000.00.
*Potential city incentives available for construction of additional buildings.
*Potential city incentives available for construction of additional buildings.
Property Facts
| Price | $2,950,000 | Number of Properties | 3 |
| Price / SF | $756.41 / SF | Individually For Sale | 0 |
| Cap Rate | 7% | Total Building Size | 3,900 SF |
| Sale Type | Investment | Total Land Area | 1.22 AC |
| Status | Active |
| Price | $2,950,000 |
| Price / SF | $756.41 / SF |
| Cap Rate | 7% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,900 SF |
| Total Land Area | 1.22 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2731 20th Ave S, Moorhead, MN 56560 | Land | 1.22 AC | - | - |
| 2741 20th Ave S, 1st Floor - Unit A, Moorhead, MN 56560 | Industrial Condo | 1,950 SF | 2019 | - |
| 2721 S 20th Ave, 1st Floor - Unit 2721 F, Moorhead, MN 56560 | Industrial Condo | 1,950 SF | 2019 | - |
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Portfolio of 3 Properties for Sale
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