502 S Division Ave - Hospitality FOR SALE


Cavalier, ND 58220
$2,659,900 USD
562-900-5118
502 S Division Ave, Cavalier, ND for Sale
$2,659,900 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

502 S Division Ave
Cavalier, ND 58220


OVERVIEW

Cedar Inn presents an attractive investment opportunity in Cavalier, NV, with a 12,000 SF building on 1.01 acres of land. Featuring 40 rooms and a prime location on S Division Ave, this well-established property offers immense potential for growth and success. Built in 1983, the Cedar Inn boasts a solid financial outlook with a competitive price of $2,659,900, translating to $66,498 per key and $221.66 per SF. The surrounding area demonstrates promising demographics, with a growing population and rising household incomes. With commercial zoning and convenient parking ratio, this property is primed for various business ventures. Don't miss the opportunity to own a piece of this hospitality gem in Cavalier. Contact us today to explore the potential of Cedar Inn and make this property a valuable addition to your portfolio.

FOR SALE DETAILS

PRICE

$2,659,900 USD

PRICE/SF

$222 USD /SF

# OF ROOMS

40

PRICE/ROOM

$66,498 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cedar Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

Commercial

APN/PARCEL ID

276060000

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
562-900-5118

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
562-900-5118

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