1610 Business Loop E

Jamestown, ND 58401

MLS ID# 4011830 Active
Multi Family

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$1,675,000

41 beds

39 baths

13556 sqft

1.43 acres

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

Description

39 Unit Multi-Family Portfolio For Sale. Lender Approved Appraisal COMPLETED!! Appraisal was $1.69 Million. Multi-Family Portfolio For Sale This includes 2 Multi-Family Properties at 2 Locations: 1530 5th Ave SW & 1610 Business Loop E. Jamestown, ND 58401 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. Financials & Appraisal available with NDA. Contact Listing Agent. ***Member of Selling Entities is a Licensed Real Estate Agent*** **BUYER/BUYERS AGENT TO VERIFY ACRES, SQUARE FOOTAGE, & TAXES/SPECIALS** 39 Unit Multi-Family Portfolio For Sale. Lender Approved Appraisal COMPLETED!! Appraisal was $1.69 Million. Multi-Family Portfolio For Sale This includes 2 Multi-Family Properties at 2 Locations: 1530 5th Ave SW & 1610 Business Loop E. Jamestown, N... show more

Contract Information

• Buyer Agent Broker Commission 2.5%

Legal, Tax and Other Information

• Taxes 10258.9
• Tax Year 2023
• Specials Installment 0
• Specials Balance 0
• Pending Specials No
• Zoning R3 & POC
• Parcel ID 74-4592000
• Legal Description **See Remarks** Multiple Legal Desc.
• High School Jamestown High

General Property Information

• Property Sub Type Multi Family
• Lot SqFt 62291
• Lot Acres 1.43
• Lot Dimensions 0
• Year Built 1960
• Bedrooms Total 41
• Total 1/4 Baths 0
• Total Half Baths 0
• Total 3/4 Baths 37
• Total Full Baths 2
• Total Baths 39
• 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