1001 Grimms Rd - Apartments FOR SALE


Bottineau, ND 58318
$279,000 USD
701-263-4729
1001 Grimms Rd, Bottineau, ND for Sale
$279,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

1001 Grimms Rd
Bottineau, ND 58318


HIGHLIGHTS

  • 3 Apartments on upper floor
  • Lower floor is very large shop/storage/possible business area
  • Detached 2 car garage
  • Large 2 truck garage/storage area attached to lower floor
  • 1- 2 bedroom unit, 1- 1 bedroom unit, 1- 1 bedroom efficiency unit

OVERVIEW

1001 Grimms Road presents an opportunity to acquire a multifamily investment property with additional income and operational flexibility in Bottineau, North Dakota. The property consists of three residential apartment units situated above a substantial lower-level workshop and storage area, creating a unique combination of residential and utility space that may appeal to buyers seeking diversified use potential.

FOR SALE DETAILS

PRICE

$279,000 USD

PRICE/SF

$48 USD /SF

# OF UNITS

3

PRICE/UNIT

$93,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Commercial

APN/PARCEL ID

52-0045-01299-000

ASK ABOUT THIS PROPERTY

Rick GustafsonBottineau Area Team RealtyMore Info
701-263-4729

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Rick GustafsonBottineau Area Team RealtyMore Info
701-263-4729

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.