List Price/SqFt: 869.56

Sold Price/SqFt: 826.09

Sold Price: $950,000

Current Price: $950,000

Date Listed: 2012-03-14

Directions: MecKenzie Exit off of 1-94 -Mandan. West on McKenzie, South on 40th Building will be on the West side of the St. (Lakewood Area)

Public Remarks: This 8plex includes 2 bed/ 2 bath units ...with 2 stall GARAGES included. Built in 2011. (The listing represents a per unit sq ft. & beds/baths). Secured building with intercom systems. The 4 top units included vaulted ceilings and maintenance free decks. The 4 bottom units are ground units-No basement, slab on grade. This is a great investment property as it is mostly maintenance free: Grass, snow, ext. insurance, and water is covered by the association. Call TODAY for more information. Fully occupied. (7.2% Yearly Cap Rate)

Sub Area: Mandan City SE

Street Number: 2908

Street Name: Edgewater

Street Type: Loop

Street Direction Sfx: SE

Unit #: 1

Area: Mandan City

State: ND

Zip Code: 58554

County: Morton

Taxes: 5384

Tax Year: 2011

Specials Installment: 4434

Specials Balance: 29591

Zoning: RM30

Parcel ID: 656104620

Legal Description: B1 LOTS 4 BLDG 4 UNIT 1 LAKEWOOD 5TH

Lot SqFt: 3515

Lot Acres: 0.08

Lot Dimensions: .08

Main Finished SqFt: 1150

Finished Above Grade SqFt: 1150

Garage: Yes

Garage Spaces: 2

Fireplace: No

Association: Yes

Property Sub Type: Multi Family

Year Built: 2011

Bedrooms Total: 2

Total Full Baths: 1

Total Baths: 2

Total Finished SqFt: 1150

None: 1

Central Air: 1

Electric: 1

Forced Air: 1

Apartment Style: 1

Brick: 1

Vinyl Siding: 1

Dishwasher: 1

Disposal: 1

Microwave: 1

Range: 1

Refrigerator: 1

# of Decks: 4

# of Patios: 4

Public: 1

Public Sewer: 1

Detached: 1

Garage Door Opener: 1

Association Fee: 125

Association Fee Frequency: Monthly

Status: Closed

Under Contract Date: 2012-08-15

Sold Date: 2012-09-15

Sold Price: $950,000