1812 SW 9th Ave - Manufactured Housing/Mobile Housing FOR SALE
Jamestown, ND 58401 |
$7,000,000 USD
952-897-7793
1812 SW 9th Ave
Jamestown, ND 58401
HIGHLIGHTS
- Additional lease-up through advertising or bringing in new homes to lease/sell could drive significant additional revenue.
- A full lease-up could yield an additional 200k in TOH revenue.
- Moving in place rates towards market rates will allow ownership to immediately increase yield and drive NOI growth.
- Current management fees of 8% of EGI are well above market rates.
FOR SALE DETAILS
PRICE
$7,000,000 USD
PRICE/SF
$26 USD /SF
# OF UNITS
206
PRICE/UNIT
$33,981
CAP RATE
4.76%
% LEASED
80%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1975
PARKING SPACES
-
LAND DETAILS
LAND ACRES
26.65 AC
LAND SF
1,160,874 SF
ZONING
-
APN/PARCEL ID
-
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952-897-7793
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952-897-7793
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