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2301 Main Avenue

Bismarck, ND 58501
  • $5,500,000
  • STATUS: Active
  • ON SITE: 182 Days
  • MLS #: 411701
UPDATED: 31 min ago
$5,500,000
  • 0
    BEDS
  • 1.94
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,744
    SQFT
  • $349
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
2013
County:

School Ratings & Info

Description

Looking to hedge inflation or for an investment that benefitted from covid? Check out the well established Bismarck Motor Motel! Unlike hotels with shared entrances and elevators, a motel has private entrances for its guests meaning occupancy increased last year. This property was built in 2013 and houses 74 rooms, 9 garages, a laundry room for guests, and an office suite for staff. Each room features a kitchenette so guests can choose to stay a night, a week, or a month at a time giving this motel tremendous occupancy rates throughout the year.The Extended Stay Inn at 210 N 20th St would make a great addition to this purchase adding 17 more monthly rentals to this portfolio. Call your favorite agent to find out more. Seller is a licensed agent in the state of ND.

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© 2022 Bismarck Mandan Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trademark Realty. Data last updated: 2022-01-28T16:24:25.287.
www.trademarknd.com/homes/119833867
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2301 Main Avenue Bismarck, ND 58501

  • Price: $5,500,000
  • Status: Active
  • On Site: 182 Days
  • Updated: 31 min ago
  • MLS #: 411701
0
Beds
0
Baths
0
½ Baths
1.94
Acres
15,744
SQFT
$349
$/SQFT
2013
Built
Neighborhood:
Bismarck City
County:
Burleigh
Area:
Bismarck City
Property Description
Looking to hedge inflation or for an investment that benefitted from covid? Check out the well established Bismarck Motor Motel! Unlike hotels with shared entrances and elevators, a motel has private entrances for its guests meaning occupancy increased last year. This property was built in 2013 and houses 74 rooms, 9 garages, a laundry room for guests, and an office suite for staff. Each room features a kitchenette so guests can choose to stay a night, a week, or a month at a time giving this motel tremendous occupancy rates throughout the year.The Extended Stay Inn at 210 N 20th St would make a great addition to this purchase adding 17 more monthly rentals to this portfolio. Call your favorite agent to find out more. Seller is a licensed agent in the state of ND.
Exterior Features

Construction Wood Exterior Features High Traffic Location Garage Parking Common Parking Lot Dimensions 380X200x130x300 Roof Shingle Siding Hardiplank Type

Interior Features

Basement None Cooling Wall/Window Units Heating BoilerForced Air Interior Features Laundry Room Sqft Fin Above Grade 15744.00 Sqft Fin Below Grade 0.00 Total Sqft Unfinished 0.00

Property Features

Business Type Hotel/Motel Fees No Fuel Natural Gas Miscellaneous Common Laundry AreaLobbyManager On Premises Property Sub Type Business & Building Services Trash Pickup - Private Sewer Public Sewer Taxes 28150.95 Utilities Cable Connected Water Public Zoning Ma

Listing information © 2022 Bismarck Mandan Board of Realtors MLS.
Listing provided courtesy of Bill Dean of Alliance Real Estate.



© 2022 Bismarck Mandan Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trademark Realty. Data last updated: 2022-01-28T16:24:25.287.
 
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Trademark Realty
905 Tacoma Ave, Suite 2
Bismarck ND, 58504