1530 6th Ave SW
Jamestown, ND 58401
Buffalo Motel · Hospitality Property For Sale · 7,500 SF

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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

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  • Listing ID: 12984551

  • Date on Market: 6/24/2018

  • Last Updated:

  • Address: 1530 6th Ave SW, Jamestown, ND 58401

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