An exceptional, turn-key investment opportunity consisting of a 17 unit apartment building with 5 detached garage stalls. Building offers 11 one bed/one bath units and 6 two bed/one bath units. Coin operated laundry. Lisbon is a thriving community with a hospital, the state Veterans' Home, multiple manufacturing businesses, Lisbon school, a large sunflower processing plant to the North, 15 miles from Bobcat's manufacturing plant, and more. Property manager lives onsite. This great investment opportunity is about an hour from Fargo and boasts a 9+ CAP rate along with an almost 100% occupancy over the last many years.
Listed By
Agency Name: Next Level Real Estate
Agency Phone: 701-230-0189
Shown By
Agent Name: Michelle Borud
Agent Phone: (701) 491-0296
Agency Title: Beyond Realty
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910 Maple Street | MLS# 7134395
This commercial property located at 910 Maple Street, Lisbon, ND 58054 is currently listed for sale with an asking price of $975,000. Maple Street is located within the Lisbon school district. Search Lisbon real estate on www.michelleborud.com today.