302 Elm Street

$1,900,000 Multi-family, etc., beds, baths

Details

Address 302 Elm Street
Tioga, ND 58852
MLS # 201883
Price $1,900,000
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Type Multi-family, etc.
Area Other City
Year Built2012
Taxes$20,521.85
Acres0.8
Lot Size34,848 SF ft
Broker Reciprocity logo
Courtesy of ELITE REAL ESTATE, LLC
1/24/21 10:17 pm
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Description

Investment ALERT!!! Newer construction 48 Unit Apartment building in Tioga. With the occupancy rate hovering at almost 100% and the August 2020 Rent Roll showing a monthly rental income of $40,065, this is a great investment opportunity! The large apartment building consists of twelve 2 bedroom units and thirty-six 1 bedroom units. The units are of an open concept living room, dining area, and kitchen. The interior and exterior finishes are sure to please owners and tenants. The units include air conditioning along with majority of the units being furnished. There are laundry facilities in the building along with an elevator. The parking ratio (spaces/unit) is approximately 1.67 which is roughly 80 parking spaces.