1610 Business Loop E

Jamestown, ND 58401

MLS ID# 4006382 Active
Multi Family

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$1,975,000

0 beds

0 baths

13556 sqft

1.6 acres

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

Description

Multi-Family Portfolio For Sale This includes 2 Multi-Family Properties at 2 Locations: 1530 5th Ave SW (MLS# 4006381) & 1610 Business Loop E. Jamestown, ND 58401 T12 Gross Income is approx. $21,850/Month Pre-Qualified Buyers Only. Both were former motels converted to multi-family properties with 1- and 2-bedroom apartments and efficiency apartments. There are a total of 39 units. Properties have undergone significant remodel, and each have coin operated laundry rooms on site. 1530 6th Ave SW is conveniently located 0.7 miles north of I-94. This location has 23 units with 6,672 finished SF plus an office/lobby area and 2,000 SF basement storage. 1610 Business Loop E is conveniently located 0.6 miles north of I-94 and has 16 units with 6,884 finished SF plus sunroom and deck. Buyer/Buyer's Agent to verify total square feet and acres. 1610 Business Loop E & 1530 6th Ave SW, Jamestown, ND • 39 Total Units Combined • High Occupancy • Turn-Key Cashflow • Coin Operated Laundry Rooms at Both Properties • Properties were former motels converted to multi-family properties, with 1 & 2 bedroom apartments and efficiency apartments. • Both properties have undergone a significant remodel • Owner uses simple, effective marketing techniques, and has established relationships with multiple organizations over the years to provide continuously high occupancy of the properties. Portfolio Brochure is Downloadable in the Documents Section. Contact Listing Agent for NDA and other Financial Information. ***Member of Selling Entities is a Licensed Real Estate Agent*** **BUYER/BUYERS AGENT TO VERIFY ACRES, SQUARE FOOTAGE, & TAXES/SPECIALS** Multi-Family Portfolio For Sale This includes 2 Multi-Family Properties at 2 Locations: 1530 5th Ave SW (MLS# 4006381) & 1610 Business Loop E. Jamestown, ND 58401 T12 Gross Income is approx. $21,850/Month Pre-Qualified Buyers Only. Both were former ... show more

Contract Information

• Buyer Agent Broker Commission 2.5%

Legal, Tax and Other Information

• Taxes 9100
• Specials Installment 0
• Specials Balance 0
• Pending Specials No
• Zoning R3 & POC
• Parcel ID 74-4592000, 74-3926000, 74-3927000 & 74-9703330
• Legal Description **See Remarks**
• High School Jamestown High

General Property Information

• Property Sub Type Multi Family
• Lot SqFt 69696
• Lot Acres 1.6
• Lot Dimensions 0
• Year Built 1960
• Bedrooms Total 0
• Total 1/4 Baths 0
• Total Half Baths 0
• Total 3/4 Baths 0
• Total Full Baths 0
• Total Baths 0
• Main Finished SqFt 13556
• Upper Finished SqFt 0
• Lower Finished SqFt 0
• Basement Finished SqFt 0
• Finished Above Grade SqFt 13556
• Finished Below Grade SqFt 0
• Total Finished SqFt 13556
• Garage No
• Fireplace Yes
• Accessibility Features Yes
• Association No

Details

• Basement

  Other

• Heating

  Other

• Cooling

  Wall/Window Unit(s)

• Construction Materials

  Other

• Appliances

  Other

• Fireplace Features

  Number of Fireplaces:1, Other

• Exterior Features

  Other

• Patio And Porch Features

  # of Decks:1, # of Patios:0

• Lot Features

  Other

• Parking Features

  Additional Parking, Driveway, Off Street, Parking Lot, Paved, Private, Shared Driveway

• Water Source

  Public

• Sewer

  Public Sewer

• Road Frontage Type

  City Street

• Road Surface Type

  Asphalt

• Accessibility Features

  Common Area