4600 Mckenzie SE Drive Mandan ND
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Mandan, ND
$5,500,000
Stock Number: 4018350
Ad #5006568
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Premier Investment Opportunity - 3 Luxury Lakewood Apartment BuildingsFor $5,500,000, this 36-unit multifamily investment is an exceptional opportunity in the highly sought-after Lakewood community. The portfolio consists of three buildings, each housing 12 well-designed units built for modern living and long-term value appreciation. With the potential for condominium conversion and individual sales, this property is positioned for strong returns.The property features in-unit laundry, central heating & air, and two-stall garages for tenant comfort and convenience. Within the 36 units, you will find 12 two-bedroom, one-bath units and 24 two-bedroom, two-bath units, catering to diverse tenant needs. Recent property-wide improvements, including new roofs and interior renovations, make this a low-maintenance, high-yield investment.This turnkey asset delivers strong rental income in a high-demand market, ensuring excellent cash flow and consistent occupancy. The seller is offering a contract for deed option, making this a unique chance to acquire a high-performing property with favorable financing terms.Take advantage of this outstanding investment opportunity in a thriving area. 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: 2682
Taxes: 46520
Placed
Placed On: March 21st 2025
Listing Expires On: March 21st 2026
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