1 Highway 85 | Alexander, ND 58831
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- LoopNet Team
1 Highway 85
Alexander, ND 58831
Hillview Estates MHC · Multifamily Property For Sale
·
2,000 SF
INVESTMENT HIGHLIGHTS
- The Hillview MH Portfolio could be subdivided and the homes sold off individually as the homes are high-quality modular homes.
- Rents are near all-time low of the last 5-1/2 years with the downside is low with significant upside.
- Opportunity to gain additional synergies through the acquisition of other properties being marketed by the seller n partnership with Colliers.
- Current rents are 48% below the highest rents achieved by the seller in the same time period.
PROPERTY FACTS
| No. Units | 40 | Lot Size | 120.34 AC |
| Property Type | Multifamily | Building Size | 2,000 SF |
| Property Subtype | No. Stories | 1 | |
| Apartment Style | Low-Rise | Year Built | 1980 |
| Building Class | C | ||
| Zoning | mhp | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 120.34 AC |
| Building Size | 2,000 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | mhp |
ABOUT 1 HIGHWAY 85 , ALEXANDER, ND 58831
Manufactured Home Community in North Dakota Colliers Manufactured Housing & RV Group
PROPERTY TAXES
| Parcel Number | 01-00-07600 | Improvements Assessment | $0 |
| Land Assessment | $25,900 | Total Assessment | $25,900 |
PROPERTY TAXES
Parcel Number
01-00-07600
Land Assessment
$25,900
Improvements Assessment
$0
Total Assessment
$25,900
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