Property Listing No Longer Available for Sale

205 Main St. N, Parshall, ND

Industrial for Sale - $299,500


Property Info

CIMLS#995397
Location
  205 Main St. N
  Parshall ND 58770
UpdatedJuly 2nd, 2020
TypeIndustrial
Price$299,500

Property Description

Wonderful investment in the heart of the Bakken! Parshall Motel has 15 rooms and a total of 10 cabin rooms. A grand total of 25 rooms that are rented out with at least 80% -85% occupancy. All of the rooms have a microwave, refrigerator, and a private bath. There are new flat screen tvs in all the motel rooms, and WI FI available for all occupants.

The 10 cabin rooms are new and have comfortable bunk beds and refrigerator, sink, microwave and bath. Cathedral ceilings and stylish furniture make these cabins very inviting.

There is a house (accessible from the office) on the property for the owner to live in while operating this business.

A new metal roof on all buildings in 2012, new windows and doors in 2013. The motel/house has a new boiler system in 2013, new phone system in 2015. Information regarding the P&L is available with letter of confidentiality and proof of funds. Showings will be arranged through the listing agents.

The house is a three bedroom, split level home that has 2 baths.

Great opportunity for all seasons... hunting lodge, fishing, and the oil related industry. Call agents for any additional information regarding this wonderful investment.


Financials



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