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.
Courtesy of: ALLIANCE REAL ESTATE Listing information provided courtesy of the Bismarck Mandan Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 22nd January, 2022 10:50 PM
HOW MUCH CAN I AFFORD?
If you’re asking yourself this question, it may be a good idea to consult our easy-to-use mortgage calculator. Check your estimated payment now!
GET IN TOUCH
Tell us what’s on your mind! Take your first steps in the world of real estate with the expert you can put your faith in.