1530 6th Ave SW
Jamestown, ND 58401
Buffalo Motel · Hospitality Property For Sale
·
7,500 SF
PROPERTY FACTS
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.42 AC |
| Construction Status | Converted |
| Building Size | 7,500 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2015 |
| Corridor | Exterior |
| Zoning | R3 |
ABOUT 1530 6TH AVE SW , JAMESTOWN, ND 58401
Motivated Seller!! High Cash Flowing 23 Unit Extended-Stay motel for sale in Jamestown, ND. Low maintenance, low overhead, low cost to operate! Rooms are rented out on weekly, bi-weekly, & monthly basis only and maintains an 80-90% occupancy! Very clean and well kept property. Plenty of updates in the past 3 years including new roof. Has large unfinished basement that could be renovated into more rooms or apartments. Large 1 Bedroom Apartment upstairs. Could easily be an owner/occupied property. Zoning allows property to be converted into Multi-Family with architectural review. SERIOUS BUYERS ONLY!! Must sign NDA before viewing financials. Priced at 13% Cap Rate - $725,000 OBO We will entertain all offers. Realtors Welcome!
PROPERTY TAXES
| Parcel Number | 74-4592000 | Improvements Assessment | $89,317 |
| Land Assessment | $27,220 | Total Assessment | $116,537 |
