$4,850,000Size Upon Req.
ALL MOST HOME THIS IS A MONEY MAKER! PRELIMINARY COUNTY APPROVAL FOR COMPLETE MOBILE HOME PERMIT! THIS WILL MORE THAN DOUBLE THE SPACES AVAILABLE TO RENT! THIS WILL TAKE THE CAP RATE OUT OF SIGHT! This 10-acre property has a total of 85 spaces plus 5 spot spaces. 100% occupancy. There are the following bedrooms rented: Eight 16'x80' 2012 modulars with 6 single suites in each one for a total of 48 single suites. Each room has a full bed, bathroom with shower, vanity sink, desk/table, mini fridge/freezer combo, microwave, toaster oven coffee pot & TV. Also a 70'x80' modular unit has 6 three-bedroom apartments for a total 0f 18 bedrooms. Each have full kitchens for full bath, washer & dryer, full beds, large kitchen tables & benches, central air & heat. One 4-bedroom mobile home Three 3-bedroom mobile home Three each 2-bedroom mobile homes. 132nd Avenue NW is scheduled for paving along with Rural (Central) Sewer being brought in to replace septic and drain fields.
Investment opportunity! Priced at mid 8% CAP on actual 2014 cash flow to owner. Three apartment buildings for sale in NE Minot, with a total of 76 units. Building A is 28 plex, building B is 24 plex and building C is 24 plex. Each unit ranges from 936 sf to 1000 sf with 2 bedrooms, 1 bath and a single stall garage.
Price Upon Req.Size Upon Req.
" 82 furnished mobile homes (16 by 80 feet) with a total capacity of 309 beds. Units range from three to four bedrooms. " 72 mobile homes are located in Killdeer, ND (15 acres) and 10 in Belfield, ND (3 acres). All homes were manufactured in 2010 or later. " Units are fully furnished, placed on concrete pier foundations and connected to city sewer and water systems. " The land and mobile homes are wholly owned and can accommodate higher rental revenues without major facility improvements or capital equipment expenditures. " These facilities operate at 100% capacity. Current monthly rental prices range from $2,500 to $3,650 per mobile home. In addition, approximately 75% of rental income is direct-deposited and 25% is received by check. " Projected Net Income for 2014 is $1,820,156.00 " This facility targets oil and gas sector customers in North Dakota. A base of approximately 28 active customers is maintained, and 99% of revenue comes from recurring, active customer rental fees.
Price Upon Req.3,500 SF
Three floor gut rehab project +/- 5,000 square feet of professional live work space Reception area Conference room Large open multi-use work space ADA bathrooms Multiple individual live/work spaces Modernized exterior facade
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.
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.
Investment Opportunity! Fully leased apartment complex; 24 units total: (12) 3 bedroom units; (11) 2 bedroom units; (1) studio; 15 multi level units with townhouse style apartment living; 2 entrances; direct main floor access; 9 traditional apartments with 1 & 2 bedroom units; recently updated; off-street parking; 6 units with single stall garages; zoned R-2.
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.