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Browse More Listings in Multifamily For Sale, Harvey, ND or North Dakota

Multifamily Property For Sale

ND / SD Subsidized Portfolio

1800 Allen Avenue, Harvey, ND 58341

Price:
$1,100,000
No. Units:
93
Building Size:
55,800 SF
Price/Unit:
$11,827.96
Property Type:
Multifamily
Property Sub-type:
Government Subsidized
Property Use Type:
Investment
Find Out More...

Last Verified 10/14/2009 Listing ID 16265027

Description

The North Dakota and South Dakota Subsidized Portfolio consists of 93 units at 4 properties through North and South Dakota. 91% of the units benefit from Project-Based Section 8 but there may be some upside from conversion to market rate / lodging. The portfolio average REAC is above a 92.

The properties are located in the following cities:

The Village - 1800 Allen Avenue, Harvey, ND 58341 (32 units)
McVille Apartments & Lodge - 414 N. Hamlin Street, McVille, ND 58254 (16 apartment units + 8 hunting lodge units)
Village Apartments - 402-406, 410 13th Street, Hettinger, ND 58639 (24 units)
The Village - 865 Leola Avenue, Leola, SD 57456 (13 units)

Map of 1800 Allen Avenue, Harvey, ND 58341 (Wells County)

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Presented by

Marcus & Millichap - Detroit

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Contact Listing Broker

Andrew Daitch (248) 415-2600

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Created 6/4/2009

Additional Information for 1800 Allen Avenue, Harvey, ND 58341

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.

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Multifamily Property For Sale - ND / SD Subsidized Portfolio

1800 Allen Avenue, Harvey, ND, 58341