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Mapleton Apartments
1600 Mapleton Ave, Bismarck, ND 58503
$9,950,000
97
132,000 SF
$102,577.32
Multifamily
Garden/Low-Rise
Investment
7%
9.60
100%
3
1998
4.17 AC
-
Find Out More...
Last Verified 11/12/2009
Listing ID 14500808
Highlights
priced much below replacement cost
walking distance to restaurants,banks,schools,golf course,shopping center, etc
very low maintenance
great location
Excellent condition
seller will finance at 6.5% with 25% down payment
Description
Please do not disrupt or talk to anyone at the property.
An exceptinal opportunity to acquire attractive, well-built assets with top of the market features and amenties in te high growth erea of North Bismarck.There is one-3 story apartment buildings with 1-lagerquist state of the art elevators,common area to get together, (each apartment has been carefully designed to complement the personal residential requirements with open floor plans and meticulous attention to each detail) and 8-garage buildings.16- single car garages(11' wide & 22'deep) and 82-Double car Garages (20'wide & 22' deep) and 15- off street parkings.Each unit has ceiling fan central air conditioning,security,intercom,smoke dectectors,fire alarm system,ample linen closets,custom oak woodwork throughout and gourmet kitchens,master bedroom suite with private bath and spacious walk in closet.All units have W/D included in each unit.Spacious private carpeted balconies and patios with iron railings.Each unit has refrigerator,range(oven),garbage disposal, draperies/blinds etc.
Strategically located within a quiet residential neighbourhood near gateway fashion mall and state capitol buildings.Convenient access to new public schools,retail centers and nearby freeway(I-94 and us-83) allowing residents an easy commute to nearby numerous employers in the neighbourhood.Walking distance to Pebble creek golf course
Actual
2009
$1,045,380
$1,045,380
$317,673
$727,707
| Description | No. Units | Avg. Mo. Rent | Sq. Ft. |
|---|
| 3-bedroom,2-baths | 28 | $1,030 | 1,452 |
| 1-bedroom,1-bath | 15 | $715 | 766 |
| 2-bedroom,2-bath | 21 | $885 | 1,238 |
| 2-bedroom,2-bath | 30 | $866 | 1,145 |
| 2-bed,2-bath | 3 | $815 | 980 |
Map of 1600 Mapleton Ave, Bismarck, ND 58503 (Burleigh County)
Created 2/13/2006
Additional Information for 1600 Mapleton Avenue, Bismarck, ND 58503
- Active For Sale - 1 Listing
- Active For Lease - 0 Listing
- Previously Listed - 0 Historic Listing
- Sales Comparables Available - 0 RecentSales Record
View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.