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Off Market
1/4

140th Ave NW & Highway 85
Alexander, ND 58831


HIGHLIGHTS

  • High Bakken Housing Demand - Asset Presents High Revenue Potential
  • Located just off of Highway 85
  • Strong Investment Opportunity in an Economically Strong ND Market

OVERVIEW

Patriot Lodging Mobile Home Park is a strong investment opportunity for those seeking to secure their position in the ever-growing Bakken Oil Patch. Fully-furnished manufactured homes and individual lots for lease with short and long term lease options available Site includes (72) 4,000 SF lots, a park, septic system and 3,000 foot drain field Total property area is 18 acres Located just off Highway 85, three miles east of Alexander, ND UNLOCKING VALUE Patriot Lodging Mobile Home Park offers a source of untapped value and revenue potential as it’s positioned in a prime location to capitalize on current housing upswings in the market. Vacant lots yield an opportunity to initiate land leases or add new homes to entice additional tenants and rental income Energy markets continue to heat up with renewed production and oil prices The Williston/Alexander corridor continues to see a resurgence of business activity and population growth.

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Patriot Lodging

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

288000

STORIES

1

YEAR BUILT

1990

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

01-00-09600