| Income Property For Sale--Owner Retired
5 two bedroom apartments and 1 one bedroom apartment.
Building size 30' x 70', Lot size 50' x 140' Total square footage
of the Apartment complex at 4200 square feet of living area. (Two
Levels) Less than 5% annual average vacancy rate over the last
20 years. Complete records available to any qualified buyer.
Need a home in Pheasant Country? Each two bedroom unit is about 700 square feet with living room, three good sized closets, kitchen and bath room. The apartment complex is heated with a newly installed hot water heat system. Average heating cost has been less than $100.00 per month for the entire six unit complex, taxes per year are $1128.00. Average capitalization rate @ 11%. All walls are constructed with metal mesh and plaster. This is a low maintenance building and is in excellent condition.
Bedrooms will accommodate two single beds or a full size bed,
plus dresser and chest of drawers. All rooms except the kitchen
are fully carpeted. This unit is listed with Maercklein Real Estate
of Mott, North Dakota 58646 and is owned by U. S. Gratz,
Asking Price is Only 75,000.00 |
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