2 University Ave W
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2 University Ave W
6 Unit Block of Flats £207,869 (£34,645/Unit) Minot, ND 58703
Investment Highlights
- 100% occupied with long-term tenants
- Storage units for rent & coin laundry
- Historic property with character
Executive Summary
Your real estate portfolio has been looking mighty lonely as of late. This historic beauty will make a fine addition! Situated on an oversized lot, Lakeview Apartments is a six unit building with an attached four-car garage, green space, and ample parking. Each apartment features one bedroom, one bathroom, character rich wood trim, original doors, and cozy features while still allowing for the comfort of modern living. Tenant storage units available for rent on the lower level and coin laundry simply add to your cash flow. This building is 100% occupied with long-term tenants and checks every box a seasoned or novice investor might have.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £207,869 | Building Class | C |
| Price Per Unit | £34,645 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 4,060 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 2 |
| Property Subtype | Apartment | Year Built | 1926 |
| Apartment Style | Low Rise | Parking Ratio | 0.99/1,000 SF |
| Price | £207,869 |
| Price Per Unit | £34,645 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,060 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1926 |
| Parking Ratio | 0.99/1,000 SF |
Unit Amenities
- Air Conditioning
- Ceiling Fans
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 6 | £454.96 | 325 |
1 of 1
zoning
| Zoning Code | R1G |
| R1G |
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2 University Ave W
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