4000 Mckenzie SE Drive Mandan ND
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Mandan, ND
$5,500,000
Stock Number: 4018351
Ad #5006569
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Premier Investment Opportunity - Luxury Lakewood Apartment Portfolio - Now Available for $5,500,000This exclusive 36-unit multifamily investment is a rare opportunity in the sought-after Lakewood community. The offering consists of three buildings, each containing 12 spacious units designed for modern living and long-term value.With the potential for condominium conversion and individual sales, this property presents an excellent opportunity for an immediate and significant return on investment. Each unit is thoughtfully designed with in-unit laundry, central heating & air, and two-stall garages, ensuring tenant comfort and convenience.This portfolio includes:12 two-bedroom, one-bath units24 two-bedroom, two-bath unitsRecent property-wide upgrades on interior renovations enhance the overall appeal and functionality of the buildings. This turnkey investment offers strong rental income in a high-demand market.To provide flexibility for buyers, the seller is offering a contract for deed option, making this a unique opportunity to acquire a high-performing asset with favorable financing terms.Don't miss this opportunity to own a premier multifamily asset in a thriving community! Contact us today for financials, rent rolls, and a private tour.
Additional Details
Seller's Website: http://NathanEngh.com
Condition: Used
Seller Type: Commercial / Business
Finished Square Footage: 35832
Lot Size (Acres): 0
Special Balance: 2837
Taxes: 49054
Placed
Placed On: March 21st 2025
Listing Expires On: March 21st 2026
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