415 Fraine Barracks Road, Bismarck, ND 58504

$2,350,000
25,791
SqFt

Property Description

24-plex and 12-plex, to be sold together, located in west-central Bismarck with easy access to Main Street, Memorial Hwy Bridge, and the Riverfront Trail along River Road. Each unit is assigned a single garage, additional surface parking is also available. Tenants pay electricity, in-unit television & internet, as well as coin-operated laundry. SF listed is for 24 unit. Buyer to verify 12 unit SF. 5.9% cap rate based on annualized 2020 owner financials; 100% occupancy; Masonry exterior; Some units have been updated;Steel decking on balconies.*Additional photos available

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Listing courtesy of KYLE W HOLWAGNER from CRA