1010 Central Avenue E

Bismarck, ND 58501

MLS ID# 4008932 Active
Multi Family

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$7,670,215

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• Description
• Contract Information
• Legal, Tax and Other Information
• General Property Information
• Details

Description

Chris Volk - Rise Property Brokers Inc & FrankieSue Pierson - Luxxe Realty present a remarkable investment portfolio of 25 single-family homes throughout Bismarck & Mandan, ND that are not only well built but also offer stable and lucrative cash flow. With a history of consistent occupancy, this collection of single-family rental properties provides a sound and stable investment opportunity. Each home in this portfolio was constructed in 2013 or later, ensuring modern amenities and excellent condition. See the features and benefits of this exceptional real estate offering: Historically Rented with Stable Cash Flow: With a history of successful tenancy, these homes have been sought after by tenants for years. This established reputation for occupancy provides peace of mind and eliminates the worry of extended vacancies, allowing the portfolio to maintain high occupancy rates. Low Maintenance: As the properties were built in 2013 or later, they benefit from newer construction, reducing the likelihood of major repairs or renovation expenses. The efficient systems and modern features in these homes minimize maintenance requirements, keeping owner costs to a minimum. Diverse Portfolio: This collection offers a range of single-family homes located throughout the Bismarck & Mandan Area, providing a variety of floor plans, sizes, and layouts. This diversity helps attract a wide range of tenants and provides flexibility in managing your portfolio. A stable investment opportunity with immediate cash flow, it also provides the chance to add value and increase returns through rent optimization. Qualified Buyers ONLY! CA/NDA WILL BE REQUIRED FOR FINANCIALS!! Seller willing to sell off properties in separate, smaller bundles. Chris Volk - Rise Property Brokers Inc & FrankieSue Pierson - Luxxe Realty present a remarkable investment portfolio of 25 single-family homes throughout Bismarck & Mandan, ND that are not only well built but also offer stable and lucrative cash flo... show more

Contract Information

• Buyer Agent Broker Commission 3%

Legal, Tax and Other Information

• Taxes 75122.2
• Specials Installment 27,964.35
• Specials Balance 139,103.13
• Pending Specials No
• Zoning PUD, RES
• Parcel ID See Remarks
• Legal Description See Remarks

General Property Information

• Property Sub Type Multi Family
• Lot SqFt 164532
• Lot Acres 3.777
• Lot Dimensions See Remarks
• Year Built 2013
• Total Unfinished SqFt 0
• Finished Above Grade SqFt 41205
• Finished Below Grade SqFt 0
• Total Finished SqFt 41205
• Accessibility Features No
• Fee No

Details

• Business Type

  Other

• Cooling

  Central Air

• Heating

  Forced Air, Natural Gas

• Water Source

  Public

• Sewer

  Public Sewer

• Lot Features

  Other