Originally the Golden Valley Count Hospital, Mondak Lodge is an approx. 10,000 sf concrete, steel and brick building in western North Dakota. It was built in 1961. It closed in the mid-1990s and was empty until purchased in 2013 by Mondak Properties LLC. Following a $200,000 renovation, the facility has been customized and furnished as a Lodging establishment and operated under a conditional use permit issued by the city of Beach and a lodging facility permit issued by the state of North Dakota Health Department. The facility consists of 20 bedrooms, 2 community kitchens and laundry rooms, 2 lounges, a managers residence and many additional bonus rooms including a reception area and a full basement for storage. It is located in Beach, ND, and is situated on the edge of the Bakken Oil Play. The facility is well situated to accommodate the oil service industry. Another potential future use for the building is a senior care facility.
River Highland Estates is the perfect opportunity for a purchaser who is looking for a great current cash-flow/ capitalization with an added potential for expansion and future upside. The property consists of 2.99 acres (130,437sf), with 30 lots including 15 currently leased homes.
Updated 12-unit apartment building presented at a great capitalization rate. All units are 2 bedroom 1 bathroom at approx. 800-900 sqft per unit. Many of the apartments have been recently updated. Large lot included for plenty of parking.
$1,500,000Size Upon Req.
This investment opportunity consists of a 31 unit mobile home park and 30 apartment units (3 and 4 plexes ) fully renovated south side of Mayville ND. Rental units are in high demand with students from Mayville State and with Crystal Sugar in the area.
Nicely built 6-plex in oil country! Four units are 3 bedroom/ 2 bath and more than 1,100 sqft. The other two units are 2 bed/ 2 bath and just under 1,000 sqft. All units have a Master bedroom with private bath and come furnished with all appliances including washer and dryer. This is a great investment opportunity in a highly desire area with a fantastic cap rate. Corporate lease renewed through May 2016 totaling $13,600/month income.
Amazing total of 8-1500 sq. ft. 4 bedroom 2 baths modular located on 1 acre lots in the heart of the Bakken oil!! Watford growth is booming and there is a severe lack of housing. Will sell 1 or all 8 your choice. Ability to add attached garages and/or pole barns. 6-8 weeks to build already have 1 ordered!!
Leased 20-plex with a unit mix of 16 2-bedroom 2-bathroom units and 4 3-bedroom 2-bathroom units. Building is 26,000 square feet on a 1.25 acre lot. Building comes with 20 single car garage spaces. Financial statements including rent roll, P&L, etc. will be afforded to serious buyers.
Leased 16-plex with a unit mix of 12 2-bedroom 2-bathroom units and 4 3-bedroom 2-bathroom units. Building comes with 7 single car detached garages and 25 parking spaces.
This investment portfolio includes 7 homes, all renovated and currently leased. Homes may be purchased individually, the price reflects a $50,000 discount if purchased together.
Updated 20 spot RV park with state approval for 18 more spots. Monthly rent $800.00 per spot. At capacity $16000 per month income with $14400 additional income when Phase 2 is completed or a total of $364800 per year at capacity. Gross yearly expenses are $22,000 for utilities. Water, sewer & electrical included.