16 Unit Apartment Building 1038 Main Street East, Valley City, ND 58072
Property Description
Exceptional Investment Opportunity in Valley City, ND Welcome to 1038 Main St E, a fully occupied apartment complex offering a remarkable investment opportunity in the scenic community of Valley City. This property boasts 16 slab on grade 2-bedroom, 1.5-bathroom units, each spanning 960 square feet of comfortable living space. Key Features: Spacious Units: Each apartment features a generous layout with modern amenities and an attached 1-stall garage, providing convenience and security for all residents. Modern Comforts: Each unit has individual natural gas forced air heating, central air conditioning, and in-unit laundry facilities, ensuring year-round comfort and ease. Accessibility: Designed with accessibility in mind, all units are slab on grade with no steps, offering seamless movement throughout the space. Nestled in a prime location, these apartments are a stone's throw away from local attractions, shopping, and dining, making it an attractive option for potential renters. The property's full occupancy speaks volumes about its desirability and the quality of living it provides. You'll appreciate the turnkey nature of this complex, with a strong rental history and a community that tenants are proud to call home. Don't miss out on the chance to own a piece of Valley City's rental market Call today to view.
Area Description
Valley City, ND is located 60 miles west of Fargo and 30 miles east of Jamestown along I-94 in the scenic Sheyenne River Valley. The city has approximately 7000 residents. Large employers are John Deere Seeding Group, Valley City State University, Sheyenne Care Center, Open Door Center, Eagle Creek Software, and more.
Highlights
The property has 100% occupancy, updated roof, and concrete exterior walls
Full Address: 1038 Main Street East, Valley City, ND 58072
Listing Type: FOR SALE
Status: Sold
Occupancy Rate: 100%
Zoning: B-1 Central Business
Region: M-WN
County: Barnes County
Use Type: Multi Family
Property ID: 4036821
Has Sewer: Yes
Has Water: Yes
Has Electric: Yes
Heating: Yes
Cooling: Yes
Has Gas: Yes
Roof: Shingles
Building Sf: 17,280
Parcel Num: 63-3110288
Number Units: 16
Number Buildings: 4
Year Built: 2001
Tenancy Type: Multi-Tenant
The property has 100% occupancy, updated roof, and concrete exterior walls
Average Monthly Rent - Greystone Apartments: 697
