Property Description
Introducing an exceptional investment opportunity in the Parshall. This complex comprises four 3-bedroom, 2-bathroom duplex units and two 2-bedroom, 1-bathroom duplex units, offering an incredible 8% cap rate. This property is poised to deliver both financial prosperity and social responsibility. Property Highlights: Spacious Living: Each of the four 3-bedroom, 2-bathroom units offers generous living spaces, perfect for attracting quality tenants. The two 2-bedroom, 1-bathroom units are equally inviting, providing comfortable accommodation options for renters. Investor's Dream: This portfolio boasts a solid history of consistent rental income and favorable tenant retention. The 8% cap rate showcases its impressive income potential, making it an enticing addition to any investment portfolio. Equal Opportunity Housing: Committed to promoting diversity and inclusion, these duplexes meet all equal opportunity housing criteria. You can rest assured that your investment aligns with ethical principles. Prime Location: Conveniently situated in Parshall, these duplexes benefit from proximity to schools, parks, shopping, and Lake Sakakawea, ensuring strong tenant demand. Take advantage of this unique opportunity. Contact me today to schedule a private showing and explore the potential of this exceptional investment gem. Darrin Sand NextHome Legendary Properties 701-240-4000 Darrin@darrinsand.com Note: All property details and financial figures are approximate and should be independently verified by potential buyers.
Listing Details
| Price | (sold: 1/19/2024) |
|---|---|
| Bedrooms | 3 Beds |
| Year Built | 2011 |
| Property Type | Multi-Unit |
| Listing # | 231545 |
| Status | Sold |
| Listing Type | For Sale |
Community Information for Parshall, ND 58770
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