Alexander Apartments

804 Elk Street Alexander, ND 58831

804 Elk Street , Alexander, ND, 58831
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FOR SALE
Property Type:
Hotel
Amount:
$449,900
Last Verified:
Apr 09, 2024

Highlights

  • 15,000 Square Foot Hotel
  • 24 Total Rooms: 21 Hotel Style Rooms, 2 Apartments and Managers Quarters
  • Spacious Layouts
  • Recent Upgrades Including: New Roof, New Flooring Throughout, Updated Kitchen Cabinets and Countertops, Updated Bathrooms
  • 6 RV Hookups
  • Perfect For Any Company Looking To Save Housing Costs
  • Investment Potential As Well

Description

Welcome to 804 Elk Street, Alexander, ND, 58831. This impressive 15,000 square foot property is tailored for the discerning full-service investor. Boasting 24 versatile rooms, including 21 hotel-style rooms, 2 apartments, and manager's quarters, it offers spacious layouts and modern upgrades. Recent enhancements, such as a new roof, updated flooring, kitchen cabinets, and countertops, as well as renovated bathrooms, ensure a turnkey investment opportunity. This property also boasts (6) RV hookups behind the building. With potential for significant cost savings on housing, this property is an enticing prospect for any company seeking a robust investment in the hospitality sector. Don't miss the chance to explore the investment potential of this prime property in the heart of Alexander.

Alexander, North Dakota


Year Built: 1985
Building Size: 15000sq ft
Lot Size: 0.72 acres


Documents

Sale Brochure

Map of 804 Elk Street , Alexander, ND, 58831

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.