Property Listing No Longer Available for Sale

26615 Hwy 52 N 100 Main St

Carpio, ND

Multi-family for Sale - $500,000


Property Info

CIMLS#1055874
Location
  26615 Hwy 52 N 100 Main St
  Carpio ND 58725
UpdatedFebruary 27th, 2020
TypeMulti-family
Price$500,000

Property Description

Completely remodeled 21 unit apartment complex right off of a main road in Carpio. There are 6 efficiencies, 5 1 bedroom units, 7 2 bedroom units, 1 3 bedroom unit, and 2 studio units. Each unit is fully furnished. The efficiencies share a common shower area and a large commercial kitchen. There is also a public bathroom with 4 stalls. The apartment complex has a coin operated laundry room with 4 washers and 4 dryers, a fitness room with equipment, and a common game room complete with pool table, couches, and television. Also included are 2 rv permits with hookups. The sellers installed a rubber roof in 2018. This property was once a school that has been successfully converted to an apartment complex. Every square foot of this property has been used to its maximum potential. The design is fantastic. The units are all completely occupied making this a solid investment property. There is also a commercial mechanics shop that can be purchased with this property. See MLS # 191905 for the shop info. The highway access and condition of the property make this property a great investment opportunity.


Financials